BA considers Air Miles sale to help fund pension deficit; Pensions insolvency scheme has paid just 113 people; Abbey bids to double share of pensions market within two years; Hermes joins rebels calling for Vodafone chief to leave
BA considers Air Miles sale to help fund pension deficit British Airways is considering selling its Air Miles loyalty scheme in a bid to help plug a £1.8bn shortfall in its pension scheme. Pensions...
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.