FEW trustees are concerned about the impact of the National Pensions Savings Scheme on occupational pensions, latest research reveals.
Punter Southall found just 21pc of trustees and pensions managers it quizzed felt the NPSS would lead to a “levelling down” of contributions to 3pc of salary. Only 12pc thought the NPSS would encourage...
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.