The Financial Conduct Authority (FCA) will look "very carefully and very hard" at the conduct of pension providers and advisers in its fight against pension liberation fraud.
FCA director of enforcement and financial crime Tracey McDermott called the fraud a "damaging trend". She reiterated the FCA's commitment to stamping it out as part of a multi-organisational campaign,...
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.