The Investment Association has launched an industry-wide productivity plan to boost the UK economy through long-term investment.
The plan has been welcomed by the government and aims to catalyse the provision of long-term finance and enhance investor stewardship. It follws an industry-led steering committee made up of chief executives...
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.