HUMAN resources directors are "living in ingnorance" about the differences in pension benefits of their senior employees, Watson Wyatt warns.
The consulting firm said failure to understand the often significant differences could have a negative impact on executive recruitment and morale. It said while most companies claimed to manage executive...
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.