Insurer LV= is trialling a pension passport scheme in place of traditional retirement wake-up packs to boost client engagement.
The pilot scheme, put in place to better engage with people approaching retirement, has the backing of the Treasury, the business said. The pension passport is a simple document outlining how much a...
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.