The European Insurance and Occupational Pensions Authority (EIOPA) has advised the European Commission (EC) to create a single market for personal pension products across the continent.
The advice follows the EC's call for advice on how the European Union-wide framework for personal pensions can be further developed. In its advice - published today - EIOPA confirms its view that, in...
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.