The Government has announced it will fully index public service pensions for workers reaching State Pension Age from April 2016 to 5 December 2018.
It will continue to price protect the Guaranteed Minimum Pension (GMP) of public sector workers. This means that those reaching State Pension Age on or after the 6th April 2016 and before the 6th December...
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.