Defined benefit (DB) schemes should be allowed to restructure benefits to sort out funding deficits, according to top UK pension funds in a poll by Sackers.
Some 80% of 50 trustees and professionals at DB schemes said they supported restructuring in some circumstances, while 40% called for reductions in annual pension increases. Less than half of respondents...
An abrupt change in interest rates "will lead to problems" in the real economy and financial markets, economist Gerard Lyons warns.
The Pensions Regulator (TPR) has banned three people from serving as pension trustees after around £9m was suspected of being scammed from 346 savers.
Over three-quarters of investment managers are male, while over four in ten are white British, according to research by the Diversity Project.
Schemes are increasing their usage of index strategies. Armit Bhambra looks at the four key factors driving this growth