Helena Morrissey, head of personal investing at LGIM, has been appointed a dame in the Queen's Birthday Honours list for improving diversity in financial services.
She was chief executive of Newton Investment Management for 15 years before stepping down last August, and was also chair of the Investment Association. Morrissey, who was previously awarded a CBE,...
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.