Pensions professionals have backed smaller trustee boards, as PP research suggests most in the industry favour boards with six to nine members.
In last week’s Pensions Buzz, more than half the respondents said this was the optimum size, with many more saying boards of five or fewer were ideal. Just 5% preferred boards of ten to 12, while no...
Life expectancy in the UK saw no improvement between 2015 and 2017 as the number of people aged over 90 hit a record high, latest Office for National Statistics (ONS) data reveals.
Self-administered pension funds spent £14bn on payments to pensioners in Q2 2018, but only received £11.4bn of contributions (net of refunds), latest Office for National Statistics (ONS) data reveals.
The Pensions and Lifetime Savings Association (PLSA) has named the 17 members of its inaugural policy board after a competitive application process with 60 candidates.