The Pensions Research Accountants Group has presented awards to three schemes on the strength of their summary reports to members.
The Strathclyde Pension Fund won the award for the category of defined benefit schemes with assets of more than £1bn. Anglian Water Group Pension Scheme won the award for DB schemes with assets of less...
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.