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...
A report by Pinsent Masons calls on trustees to be more proactive on the risks posed by climate change, warning it is no longer a 'nice to have'. Stephanie Baxter considers the action points
Capita has set out plans to transform its business and raise £701m in additional capital at the same time as it unveiled a £513.1m annual loss.
Two men were sentenced to jail after luring 16 victims into transferring nearly £1m of their pensions into a non-existent occupational scheme in an "elaborate" liberation scam.
Graham Vidler has stepped down from his position as director of external affairs at the Pensions and Lifetime Savings Association (PLSA) after four years in the role.