The Pensions and Lifetime Savings Association (PLSA) has advocated a "full merger" of defined benefit (DB) schemes which splits employers from their burgeoning obligations.
The suggestion was made in the second report from the association's DB taskforce, The Case for Consolidation, which follows its interim report last October which said the DB system was too fragmented....
One in 10 of this year's retirees will take their entire pension pot as a lump sum, Prudential's 'Class of 2018' research finds.
The Treasury has launched a second consultation on banning pensions cold-calling, which aims to seek final views on already-drafted regulation.
This week's top stories included coverage of the Competition and Markets Authority's provisional decision following its investigation of investment consulting and fiduciary management.
The Pension Protection Fund is meeting the challenges of a fast growing member base by insourcing services and adopting new technologies. Stephanie Baxter speaks to chief customer officer Sara Protheroe