PERSONAL accounts must remain as simple as possible to ensure the scheme works for the target market, delegates heard.
Personal Accounts Delivery Authority programme director Helen Dean said innovative design was critical to ensure the scheme works efficiently. Dean, who opened the PP Spring Show in Manchester, said PADA...
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.