Large scale defined contribution schemes such as the National Employment Savings Trust could be run on a collective basis in future, the Pensions Policy Institute says.
In a submission to the Work and Pensions select committee consultation on DC governance, the PPI said there were pros and cons to CDC schemes but their existence in Netherlands and Denmark proves they...
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.