A $224trn (£174.2trn) combined deficit could hit the six largest pension systems if action is not taken now to address longevity risk, the World Economic Forum (WEF) has warned.
The UK, US, Japan, Netherlands, Canada and Australia also need to improve access to their pension systems to prevent the looming crisis, the think tank added. If China and India were included in the calculation,...
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers