Hints and tips:
Related Special Reports
...More than 10,000 members of the Debenhams pension plan were transferred to the UK’s pension protection scheme in 2019, following the collapse of the 240-year-old retail group....
...“If we want to push for better financing for the defence industry, then we certainly have to [complete] the capital markets [union].”...
...Forging a customs union with the EU would require unravelling other parts of UK trade policy, including the trade deals signed with Australia and the 11-member Comprehensive and Progressive Agreement for...
...Industry-level aggregate data from the Pension Protection Fund shows that UK defined benefit pension plans invested 10 per cent of their equity allocations into domestic listed companies in 2022, down from...
...John BarstowExecutive Council Member, Union of ShopDistributive and Allied Workers Pulborough, West Sussex, UK...
...The state pension was a key concern for officials attending the Trades Union Congress (TUC) meeting. Delegates called for planned increases in the state pension age to be scrapped....
...The move to broaden out the types of collateral that liability-driven investment (LDI) funds can use to backstop their trades comes as the market explores ways to prevent a repeat of the near-implosion of...
...A proposed shake-up of the UK’s pension market to give millions of workers the right to choose a retirement “pot for life” risks leaving savers worse off, industry leaders and unions have warned....
...International hotel groups are stepping up plans to add independent hoteliers and smaller brands to their European franchises as they seek to capitalise on soaring demand for travel amid high construction...
...“The central purpose of DB pension schemes — to pay the benefits promised to members — should not be undermined,” said Hetty Hughes at the Association of British Insurers, the industry trade body....
...Poorly performing pension plans will be banned from taking on new business as part of a major shake-up of Britain’s £120bn workplace retirement market, under government plans unveiled ahead of next week’...
...This week’s newsletter is on some signs of what might happen after two elections coming up this year: in the US, a plan for a more coherent plan on trade and climate; in the UK, trade realignment with the...
...The appointment of Gilmore, who will manage more than 300 investment professionals, came after two of his predecessors at the pension plan, Nicole Musicco and Ben Meng, stepped down within two years of becoming...
...The has caused a headache for sectors from the flower industry to horseracing....
...“Government needs to recognise this as an international, globally competitive market,” he told attendees at the Trades Union Congress pension conference in London this week....
...No regulated advice or guidance (which is free from the government-backed Pension Wise service) was sought for 37 per cent of income drawdown plans taken out in the 2022-23 tax year....
...For decades the plans — which promise guaranteed pensions calculated on salary and length of service — formed the bedrock of British workplace pension provision....
...Today that takes an average of 10 years. It is no surprise that those who contribute the bulk of pension savings in the US — the trade unions — are fully behind this New York State bill....
...The plan is designed to alleviate pressure on a pension system that is expected to come under huge strain in the next few years as a whole generation of “baby-boomers” born in the 50s and 60s enters retirement...
...These “buyouts” — of pension plans and the assets backing them — are regarded as the gold standard for safeguarding benefits....
...remain outside the EU single market and customs union....
...The Treasury said UK pension funds invested less in high-growth companies than international comparators....
...The UK government is facing a compensation bill of up to £10.5bn after an Ombudsman on Thursday ruled it had mishandled state pension age rises affecting millions of women born in the 1950s....
...The Department for Business and Trade said the government was “supporting the steel industry more than any before it”....
...Leland Goss Managing Director and General Counsel International Capital Market Association, London EC4, UK Letter in response to this letter: No surprise unions back New York State’s debt plan / From Aldo...
International Edition