Lloyds Banking Group is launching a shared parental leave policy including enhanced pay.
It allows working parents greater flexibility in how to share their responsibility during the first year following child birth. Lloyds will offer its shared parental leave (SPL) policy alongside its...
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.