Pitmans Trustees (PTL) has appointed Donny Hay as a client director in a small expansion of its team.
Hay, who was head of clients for Kempen Fiduciary Management, joined the firm on 3 April. He said: "I am excited to be joining PTL at a pivotal time for the industry. I was first attracted to PTL not...
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.