BULK annuity buyout start-ups may shift scheme assets to Bermuda in a bid to circumvent legislation, a leading academic says.
Cass Business School professor and Pensions Institute director David Blake said new buyout firms were keeping “their cards very close to their chest”. But he believed many of the new firms would make their...
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.