Schemes should become more open to utilising the experience of recently retired members on the trustee board, the Occupational Pensioners' Alliance says.
A survey of OPT members’ schemes found 44pc of the 32 schemes surveyed already have 50pc MNTs, however, 32pc did not consider that their scheme’s present arrangements for nominating and selecting MNTs...
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.
Labour Party plans to renationalise core industries and require the largest listed companies to hand 10% of shares to employees would be a "double whammy" for pensions, business leaders have warned.