Pension report warns on risky schemes; Unions set for pensions fight after talks fail; Unions go to high court over public sector pensions reform; Landmark pension case launched over 'biggest robbery' from schemes; F&C to cut jobs following strategic review; Workers protest over pension changes; F&C targets institutions with new strategy
Pension report warns on risky schemes Financial Times Most companies in the FTSE 350 can manage the costs of their defined benefit pension schemes but far too many of them are taking investment risks...
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.