Newcastle upon Tyne Hospitals NHS Foundation Trust has saved more than £25,000 thanks to its car salary sacrifice scheme.
It recorded a significant take-up of 7% in its first three years with more than 1,000 of the company's 13,000 staff signing-up since it went live in June 2012. Newcastle upon Tyne Hospitals NHS Foundation...
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.