Income drawdown specialist Intelligent Pensions has reported a record 55pc rise in gross revenue from £1.4m to £2.1m.
The company’s latest results reveal that for the year ending May 31 it generated pre-tax profits of £530,000, with new business of more than £60m for the year. Intelligent Pensions managing director...
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.