Aegon UK will create more than 100 jobs over the next few months amid "unprecedented growth" of Aegon Retirement Choices (ARC), which launched in 2012.
ARC brings together the firm's at-retirement platform with a corporate proposition, allowing employers and workers to transition from workplace savings to retirement income within the same solution (PP...
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.