CHANGING attitudes towards retirement are responsible for 2.6 million "new age" retirees working beyond the state pension age of 65, research shows.
A survey of 1000 adults aged between 50-64 by Prudential UK found nearly half intend to keep working in paid employment past 65, while a third plan to engage in voluntary work and more than a fifth (22pc)...
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.