THE PENSIONS Ombudsman has questioned assumptions of the effectiveness of trustee based pension models.
Speaking at the Occupational Pensions Defence Union’s annual meeting yesterday, David Laverick suggested that a new system could be found to replace the current governance models. And he added that...
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.