The Pension Protection Fund has set out its new rules for when and how it will make funding determinations.
It also set out the calculations required for schemes which are applying to be reconsidered for PPF entry but which do not have a protected benefits quotation. The publication comes after the PPF consulted...
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.