Trustees must be wary of compensation risk in divorce cases after a surge in the number of complaints to the Pensions Ombudsman (PO) about asset splits, a lawyer warns.
Sackers associate director Arshad Khan said there have been around five cases a month about pensions and divorce for the past eight months: more than previously experienced. The increase stems from neglect...
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.