Mercer has restructured its administration business - moving away from a centralised model in a bid to give clients a more personalised service.
The outsourcing firm said it had reinstated client teams to manage the day-to-day administration of its client schemes - meaning companies would have a single administration service manager as a point...
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.