Drivers for East Midlands Trains will stage two more days of strike action, following an earlier six days, over changes to their defined benefit scheme.
Trade union ASLEF announced members will walk out on 23 and 25 June over EMT's proposal to reduce member contributions to the scheme by £500 per year and employer contributions by £750 per year. The...
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.