The pensions industry must prove to government that it is "part of the solution to the pensions issue and not the problem," the director of life, pensions and savings for the Association of British Insurers (ABI) has said.
Stephen Gay, who was speaking to delegates at the PIMS 2013 conference on Friday, warned that the life and savings industry does not enjoy a good reputation in Westminster and should not presume it will...
Smaller FTSE 350 defined benefit (DB) schemes were nearly 15% 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.
More than half of people over the age of 55 see financial security as a top priority in retirement, yet a third allocate more time to buying a new car, finds Legal & General (L&G) research.
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.