COMPANY use of contingent assets to meet their pension funding commitments will double by 2008, PricewaterhouseCoopers says.
A survey by the financial services firm found 8pc of companies have put in place alternatives to cash payments into their pension scheme including signing over property to the fund, setting up an escrow...
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.