The average pensioner's income has risen by more than a fifth since 2002 while working-age incomes remained broadly stagnant at around 2% says the Resolution Foundation.
According to its annual Living Standards report, gaps in income between the generations which had emerged before the 2008 financial crisis had persisted. It said protections for pensioners such as the...
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.