The T-Mobile International UK Pension Scheme has appointed BlackRock as its first fiduciary manager after an open tender.
The mandate covers the whole running of the roughly £100m defined benefit (DB) scheme with the aim of closing the plan's deficit over time. The fund manager's risk management platform will be used to...
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.