Four executives of AIJ Investment Advisors have been arrested in an alleged fraud relating to missing pension fund money.
BBC The president of AIJ Investment Advisors and three others have been arrested on suspicion of fraud relating to 109bn yen (£878m) of missing pension funds. AIJ managed money for more than 100...
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.