Schemes have been urged to take action after research shows FTSE 100 chief executive officers (CEOs) earn more in three days than the average worker earns annually.
The High Pay Centre and the Chartered Institute of Personnel and Development (CIPD) research found these bosses are paid a median average of £3.45m a year, which works out at 120 times the £28,758 earned...
The secretary of state for work and pensions has told MPs clawback and avoidance measures could be imposed for the people responsible for driving Carillion over the cliff.
Occupational pension provision has continued to grow in value, but there remains large variance in incomes across the pensioner age group, according to latest government data.
Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.
Investment consultants are failing to recommend products that outperform net of fees, the Competition and Markets Authority (CMA) has said as its investigation into the market continues.