The fund management industry must stop "lurking in the shadows" and regain investors' trust, according to Investment Association (IA) chairwoman Helena Morrissey.
Speaking at the Local Government Pension Scheme Reform Conference on 18 March, Morrissey said managers must take more responsibility in influencing long-term investment. "The reality is for a long time...
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.