Challenging received wisdom has never been the pension industry's strong point - as was only too clearly pointed out by the Myners review some ten years ago.
A new group of investment professionals – the 300 Club – has been set up to address this issue and, in their words, “raise uncomfortable and fundamental questions about the very foundations of the investment...
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.