Hutton warns on public sector pensions; Public sector workers enjoy 30 years in retirement; Families pay £400 for public pensions
Hutton warns on public sector pensions The Financial Times Millions of nurses, teachers and other public sector workers face a big rise in pension contributions in the spending review - 2-4 per cent...
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.