Nigel Waterson, the Tory pensions spokesman, has lost the Eastbourne seat he has held for 18 years to the Liberal Democrats.
After a closely-fought battle, Liberal Democrat Stephen Lloyd triumphed by 3435 votes. Waterson managed to poll 21,223 votes compared to his rival's 24,658 after a closely fought battle at Eastbourne's...
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.