The Investment Management Association has denied pension fund managers are excessively trading assets and hiding the cost this presents to consumers.
Wealth management firm SCM Private claimed on Monday that assets are held for just nine months on average in pension funds before being traded for little gain to the consumer. The cost associated with...
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.