Hints and tips:
...According to its 2021 accounts, the M&S pension scheme had 106,000 members with about 53,000 of those pensioners....
...By 2030, the majority of workplace DC savers will have their pension pots managed in schemes of over £30 billion and by 2040 all local government pension funds will be invested in pools of £200 billion or...
...One immediate priority is to increase the capacity of the Department for Work and Pensions’ Jobcentre Plus network to match the newly unemployed to available jobs....
...Care homes in Chengdu cost an average Rmb3,603 per month, while the average monthly pension for urban retirees is Rmb2,106 (rural residents are entitled to just Rmb485)....
...Fund managers and City veterans are also fretting about the potential of a Labour government....
...These include £3bn as a result of exempting housebuilders from “Section 106” payments, used to fund infrastructure to support new developments, on 200,000 “starter homes”....
...For example, British and Dutch pension funds that took a recent $0.47 fourth-quarter dividend from Shell would have made a foreign exchange gain on top of the 4 per cent increase provided by the oil group...
...The Pru’s annuity rate was so poor that Mr Davies would need to live to the age of 106 before he received any more than his own fund back from the pension group....
...The suit, filed at the Tennessee Middle District Court by the Laborers’ Local 265 Pension Fund of Cincinnati and the Plumbers and Pipefitters Local 572 Pension Fund of Nashville, claims the slice of securities...
...Chilly in shorts The trustees of the splendidly-named Plumbers and Pipefitters Local 572 Pension Fund of Nashville, Tennessee are mad as hell....
...In the UK, the Local Authority Pension Fund Forum, which represents pension funds with £115bn in assets, suggests a series of pay reform proposals, which it recently sent to FTSE 350 companies....
...equity funds, the FT reports. http://on.ft.com/NBRSOe Indonesia opens door for DBS deal A compromise in Indonesia over the vexed question of the ownership of the country’s banks....
...But commodities were mixed, with copper down 0.2 per cent to $3.37 a pound and Brent crude up 66 cents at $106.62 a barrel....
...Korea Teachers Pension said it purchased about 70bn won of stocks amid the sell-off and may buy more....
...Extent of local debts in China laid bare Chinese local governments owe Rmb10,700bn ($1,650bn) in debt, according to the first national audit of regional finances published by Beijing, the FT reports....
...Kerin Hope, the FT’s Athens correspondent writes: Two full days of protests in central Athens didn’t deter hundreds of workers at Greece’s state pension funds from holding their own march to parliament...
...The HPC should focus, instead, on why owners of companies – mutual funds, pension funds and the ordinary people who are their ultimate beneficiaries – do not impose more restraint on pay....
...The Local Government Association has asked government to establish a contingency fund to help hard-pressed councils pay for the costs of housing, education and social services for migrant workers....
...It is not clear yet where these cuts will fall but it is safe to presume that local government, work and pensions, revenue and customs and the foreign office will be heavily affected....
...Even with today’s longer lifespans and shorter pension funds, most people still draw a finishing line for their careers at 65. But not everyone....
...population’s earnings would allow such to buy into that local market at prevailing prices....
...World financial markets and bodies such as the International Monetary Fund are urging that the next government get a grip on the public finances, because Italy’s debt is more than 106 per cent of gross domestic...
...UK pension funds have certainly been listening....
...There are already planning gain agreements with local authorities - called Section 106 agreements. So a universal planning gain supplement might make developers more or less willing to develop land....
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