Trustees of the Ibstock Brick Pension Scheme have appointed Buck Consultants as the fund's investment consultants.
The scheme has more than 4500 members and assets in excess of £250m. Buck head of pensions and investments Steven White said the firm will work with the trustees to ensure its long-term objectives ensure...
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.