SOUTH Yorkshire bus drivers have voted to have a one-day strike over controversial pension proposals.
Members of the Transport and General Workers Union at bus company First voted by a margin of four to one to go on strike in a dispute over the capping of pensionable pay. In 2003 T&G agreed a new national...
The Pensions and Lifetime Savings Association (PLSA) has announced it will shrink its board by more than one-third as part of a governance overhaul to make it "agile and more appropriate".
Smaller FTSE 350 defined benefit (DB) schemes were nearly 15 percentage points less well-funded than larger schemes in 2017, according to a Goldman Sachs Asset Management (GSAM) analysis.
The advent of collective pension systems could help the UK avoid demographic challenges which will make it "impossible" for society to help savers in retirement, experts say.