UNIONS have warned ministers that raising the state pension age will push more people into poverty unless firms hire more older workers.
The Trades Union Congress says more than 1 million people aged 50-65 who want a job cannot find work because firms will not recruit older workers or invest in training for them. And it warned that raising...
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.