The central Local Government Pension Scheme (LGPS) pool has named John Burns as both its chief financial officer (CFO) and chief operating officer (COO).
He joined the £40bn pool on 18 September, completing its board, which also comprises former Pensions and Lifetime Savings Association chief executive Joanne Segars as chair, and The Pensions Regulator's...
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.