The government must confirm whether auto-enrolment is to be put on hold or shelved or risk further undermining occupational pensions, industry figures argue.
Reports in the Sunday Telegraph and Sunday Times over the past weekends have claimed implementation could be delayed and the obligations on smaller firms could be scrapped as a result of the Beecroft report...
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.