The National Employment Saving's Trust (NEST) says hybrid products could help defined contribution (DC) savers on low incomes weather financial shocks better.
A paper published today by the master trust cited evidence that 26% of working age adults have no rainy day savings and that only 42% have £500 or more on hand. It argued a "sidecar model" - which would...
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.