Here are the 16 principles Cass Business School's Pensions Institute believe should underpin the modelling of defined contribution schemes.
1: The underlying assumptions in the model should be plausible, transparent and internally consistent. 2: The model's calibrations should be appropriately audited or challenged, and the model's projections...
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.