The Pensions Regulator has launched an online scheme maintenance system to improve communication between schemes and the organisation.
The Exchange system will allow pension schemes to share information with the regulator and make changes to their details when necessary. The regulator said Exchange had been created to make updating scheme...
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.