Hints and tips:
...At the same event, the Pensions and Lifetime Savings Association, which represents the UK’s £1tn pensions sector, said the government should not tell pension funds how to invest....
...The supervision of contributions is the responsibility of pension providers and the trustees of every pension fund....
...The decision of SoftBank to favour New York with the initial public offering of subsidiary Arm, a UK-based chip designer, also hurt local pride....
...Overhauling local government schemes The chancellor wants to redirect the pools of cash held in dozens of local government pension schemes to boost the economy....
...US sanctions Circular flow of income: Fear over UK’s low national savings rate Financial markets: US mortgage reform Macroeconomic policy: UK inflation rises 1.9% Money: The continued appeal of cash...
...There is talk of consolidation of local authority pension plans, too, but this plan is also not very radical....
...“Many of these have not taken into account the realities of pension saving or the operational aspects of what is achievable....
...The UK is only 10 years into the auto-enrolment of most workers into pension savings. The idea that there is an overnight-success version of Australia’s model is for the kookaburras....
...Mike Weston, chief executive of LGPS Central, which manages the pooled assets of eight Midlands-based funds, says pooling has resulted in cost savings, but it is clear that the government wants to move “...
...This week, one robotaxi got stuck in wet cement....
...prized possession, their wealth fund....
...Millions of people in the UK are saving into workplace pension funds where the size of the eventual retirement pot depends on factors including how much is paid in and the fund’s investment performance....
...money market funds....
...The Pensions and Lifetime Savings Association, which represents schemes with about 30mn savers with £1.3tn in retirement money invested, said that “many” funds would prefer the BoE’s programme to be extended...
...Stephen Scholefield, senior partner at law firm Pinsent Masons, adds: “Because of [the recent] experience I don’t think DC trustees will be rushing to go into any form of illiquid investments, even though...
...There, she lived in a cement-brick “RDP house”, one of millions of subsidised dwellings built after the end of apartheid. At school, she started selling clothes, jewellery, make-up and a bit of weed....
...No, they can’t compromise the safety of people’s savings, but there has to be some sort of middle ground that we can strike here....
...“Adding complexity to fit a local narrative might not be the best outcome for customers.” 10 unmissable stories this week Bond fund managers struggling through one of their worst years in decades say the...
...The Securities and Exchange Board of India has introduced new guidelines for exchange traded funds and index funds, following a sharp rise in local investors’ interest in the products....
...short of funds or teetering on the brink of unprecedented defaults, analysts say....
...A team of specialists distributes the funds (often through grants) to a portfolio of locally rooted organisations, which they support using an advisory board of local and global experts....
...That explains deals such as the merger of active managers Franklin Templeton and Legg Mason....
...A replica greeted me at the local airport, and the original is in the museum....
...His government denies this, but now faces a dearth of financing as the EU withholds €7.2bn worth of post-pandemic recovery funds over rule of law and corruption concerns....
...Vanguard has elected Tara Bunch, Airbnb head of global operations, to its board of directors and its board of trustees of each of the Vanguard funds....
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