A specialist consultancy focused on guaranteed minimum pension reconciliation has been launched to speed up the notoriously complex process for trustees.
GMP Managed, run by former Pension Corporation operations manager Matt Ashton-Smith, aims to complete GMP reconciliation in a considerably shorter time scale than the current three-year average. Ashton-Smith...
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.