Barclays responds to pension scheme protests; Taking the shine off pensions
Barclays responds to pension scheme protests Financial Times Barclays may consider sweetening its controversial decision to close its final salary pension scheme to almost 18,000 existing members, chairman...
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.