Maximum subscription for pension schemes will increase from £23,405 to £35,000

Simplified investment strategies mean smaller schemes face nearly twice the risk of negative performance

Body must overcome several challenges to replicate Turner Commission success

David Walmsley urges trustees not to be swayed by political narrative

Transactions secure all remaining benefits of two schemes sponsored by the British department store

Intends to improve services, share knowledge to boost wellbeing and deliver dashboards

Hymans research finds DB funding level of many schemes has surpassed 100%

The organisation said ‘persistent’ pension gaps need to be closed

The transaction secures the benefits of all 348 scheme members

PMI also selects Louise Davey, Duncan Buchanan and Mary Cahani as non-executive directors to its board