SCHEME sponsors are using contingent assets as a way of buying influence over their pension funds' investment strategy, lawyers claim.
Ashurst senior associate Neil Bhan said sponsoring companies were becoming increasingly frustrated by trustees’ cautious investment approach and were offering schemes contingent assets in return for putting...
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.