Technological change, demographics, globalisation, ‘financialisation', the political decline of labour market institutions and the welfare state: all have contributed to the remarkable decline in the labour share of national income over the past 30 years. Wages have decoupled from productivity growth.
The resulting growth in income inequality is now attracting attention. Its costs are well known: lower and higher variability of growth. The current lack-lustre economic position and associated high unemployment...
An innovative funding structure has been agreed for Croydon Pension Fund. However, there are some concerns about the arrangement. Stephanie Baxter reports
Some 52% of red flags raised by schemes on suspected scam pension transfers involve advisers or unregulated introducers, a report by the Pension Scams Industry Group (PSIG) has claimed.
The Norfolk Pension Fund has been successful as the lead plaintiff in a class action case that went to jury trial in California involving securities fraud.
In this week's Pensions Buzz, we want to know whether bosses should have to pay into the same staff DB scheme as their workers rather than their own executive pension fund.