Pensions minister Steve Webb has pledged to give the raft of legislation working its way through parliament time to bed in, and not introduce any more major reforms.
Webb told PP that, after a hectic three years in office, he wanted to focus on state pension reform, auto-enrolment, small pots and defined ambition. He said: "Clearly you don't want permanent revolution,...
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.