Pension scheme membership falls; Standard Life seeks bid partner; Treasury underwrites ailing bank's bailout; RBS seals success with ABN Amro nomination
Pension scheme membership falls Financial Times (p2) Bosses are putting far lower contributions into defined contribution pension plans in contrast with defined benefit schemes, while over all members...
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.