Jelf Group has announced it is in the early stages of talks for a potential takeover by Marsh.
The ongoing discussions were announced to the London Stock Exchange. Marsh must provide either a firm intention to make an offer, or that it does not intend to make an offer for Jelf, by 5.00pm on 16...
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.