Local authority pension funds offer the best prospects for kick starting a nationwide house building initiative to solve the UK's house shortage, a think tank says.
The Institute for Public Policy Research said Local Government Pension Schemes should invest directly in residential property to alleviate the lack of funding for new homes and help increase the country's...
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.