The National Association of Pension Funds and the Confederation of British Industry are "very much hoping" George Osborne will announce a consultation on discount rates in the Autumn Statement tomorrow.
The trade body has called on the government to allow schemes to lift discount rates by 0.5% to reduce the impact of record low gilt yields on scheme funding (PP Online, 17 October). Speaking at 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.