Few companies are considering levelling down defined contribution arrangements for auto-enrolment, Aon Hewitt says.
The consultant said client feedback suggested only a small number of employers would level down – but said it was clear the new requirements meant employers would need to spend more time considering their...
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.