Plans to stimulate long-term investment in Europe through the integration of capital markets could fail if the needs of pension schemes are not taken into account, warns PensionsEurope.
The organization - an umbrella group for national pensions associations - said the success of a planned capital market union rested on overcoming the obstacles pension schemes faced. It warned that...
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.