First UK Bus has discontinued its use of an outsourced call centre for its employees being auto-enrolled after it received a low volume of calls.
The bus division of the First Group set up an outsourced helpline for its 9,500 employees undergoing auto-enrolment (AE) to help employees who had queries. However, the call centre only received around...
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.