Trustees of the Yell Pension Plan have been found guilty of maladministration for failing to properly explain the grounds on which they concluded a member had left service.
The trustees' conclusion resulted in the member - Mr Anderson - being denied early payment of his pension benefits without actuarial reduction. The case - P J Anderson v The Trustees of the Yell Pension...
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.