Almost 1200 defined benefit schemes closed to existing members between 2000 and 2008, data from the Purple Book reveals.
One in five defined benefit schemes had closed to future accrual by March 2009. The book, an analysis of 6885 schemes by the Pension Protection Fund and The Pensions Regulator, showed mostly small...
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.
More than half of people over the age of 55 see financial security as a top priority in retirement, yet a third allocate more time to buying a new car, finds Legal & General (L&G) research.
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).