A supermajority of pensions buzz respondents rebuked a suggestion that all defined benefit (DB) schemes should be merged into one.
This week's 102 respondents were also asked if transaction costs should be included in the 0.75% charge cap, and whether there was enough competition in the investment consultant market. The suggestion...
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.