Higher earners £18,000 a year worse off; Couples must budget £600,000 for retirement
Higher earners £18,000 a year worse off Daily Telegraph Someone earning £175,000 could be £18,000 a year worse off in 2011 because of tax changes. Couples must budget £600,000 for retirement Daily...
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.