THE growth of bulk buyouts and the introduction of personal accounts could overwhelm the annuity market, an expert warns.
Former Downing Street pensions adviser Ros Altmann is urging the government to scrap mandatory annuitisation at 75 to stop the "market becoming saturated". Altmann also believes the government should...
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.