This week's letter to the editor comes from Business Service Plus' Malcolm Deering
Dear Editor, I increasingly find that one effect of having spent so long working in the pensions industry is that news headlines – that have nothing to do with pensions – cause me to think about pensions....
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.