Trust in pensions at all time low; Mansion owners can sleep easy but top earners may take pensions hit
Trust in pensions at all time low Daily Telegraph The National Association of Pension Funds said that trust in the pensions system is so low that a third of workers plan to opt out of auto-enrolment...
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.