The government is considering a separate regulatory regime for defined ambition schemes, Steve Webb has said.
The pensions minister said the government will publish a document later this year on reinvigorating occupational pensions that will “flesh out” the area that lies between defined contribution and defined...
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.