Pension schemes' accrued liabilities could have different rules from more stringent Solvency II-style capital requirements, a leading EU policy maker has hinted.
Speaking at last week’s IORP revision summit in Brussels, Internal Market and Services director general Jonathan Faull said applying higher capital requirements to past pension promises would be “financially...
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.