The planned removal of the 15-year recovery plan end date for defined benefit (DB) schemes run by energy network operators has been welcomed.
The proposal was set out in Ofgem's second consultation on the funding of the sector's pension deficits which came on the back of discussions with the Pensions Regulator (TPR). There had been concern...
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.