Trustees should be cautious about moving from one third party administrator (TPA) after the introduction of ‘freedom and choice' reforms, warn consultants.
Speaking at Pensions and Benefits UK, Cosan Consulting head of trustee services Donna Hobbs said changing TPAs was not always the silver bullet to solving administration problems. The wave of change...
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.