TRUSTEE payments have reached record levels with chairmen of larger schemes receiving, on average, £25,000 a year, a new report shows.
Research by Pricewaterhouse-Coopers also found demand for more professionalism on trustee boards meant an increase in independent trustees, both as members and as chairmen. Some 53pc of large schemes now...
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.
More than half of people over the age of 55 see financial security as a top priority in retirement, yet a third allocate more time to buying a new car, finds Legal & General (L&G) research.
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).