THE number of people enrolled in occupational pension schemes fell by 400,000 in 2007, official figures show.
Results from the office for national statistics' occupational pension schemes survey show the overall number of active employee members in 2007 was 8.8 million – a 400,000 drop compared with the previous...
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.