Culture minister Ed Vaizey has stepped into the row over the Wedgwood museum collection which is under threat of being sold off to help plug a £134m pension shortfall.
The collection is in danger of being auctioned after a judge ruled the proceeds could be used to pay off creditors, which include the Pension Protection Fund, after the museum was left as the last solvent...
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.