Half of all employers believe the cost of running a defined benefit scheme is now disproportionate to the value it provides, new research shows.
Buck Consultants’ fifth annual Key Pension Issues Survey found 50pc of the 123 respondents believed their pension scheme was too cumbersome and felt the alternative of giving employees money directly or...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.