Hints and tips:
Related Special Reports
...These “buyouts” — of pension plans and the assets backing them — are regarded as the gold standard for safeguarding benefits....
...Apple, Nestlé and Engie are among the thousands of tech, consumer goods companies and utilities to receive the SBTi seal of approval for their climate plans....
...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....
...The appointment comes as some of the pioneers of the $4tn private equity industry plot succession plans beyond their founders, or even second and third generations of leadership....
...failure of water companies to make good on their promises to deliver savings....
...“I am not sure that it is the role of the government to tell trustees where they place their money,” said Armitt....
...The company has targeted £100mn in annual cost savings by the end of next year, and a tougher underwriting profit target to be achieved by 2026....
...Speaking last week, before the Treasury outlined plans for a major reform of the sector, Carol Young, chief executive of the £73bn Universities Superannuation Scheme, said she had no problem with new disclosure...
...As part of the reforms, the government gave further details about its plan announced in November to create a public pension consolidator by 2026, which could help channel billions of pounds of pooled pension...
...“I am not sure that it is the role of the government to tell trustees where they place their money,” he said, when was asked whether he thought governments should compel pension funds to invest to help meet...
...More Americans plan to vacation abroad this summer than at any time since records begin in the 1960s....
...The group has targeted £100mn in annual cost savings by the end of next year....
...The trustees in charge of Social Security, the government retirement programme, estimated last year that it would have to start cutting benefits in 2033, unless Congress raised the retirement age or levied...
...Trustees of UK pension schemes would be prevented from taking “overly risky” decisions after government plans to ease employers’ access to billions of pounds in pension fund surpluses, ministers said....
...Cash had appeal in 2023 due to climbing interest rates, but savings rates have started to fall in anticipation of the BoE making cuts....
...The athletic apparel group said Thursday that areas of potential savings included simplifying its product mix, increasing automation and “streamlining” its organisation....
...However the plans would revert to their names at age 18....
...(In fact the Rwanda plan has so far largely been blocked by British courts, hence the ongoing legislative battle, though an ECHR challenge remains likely)....
...savings of individuals in their pensions schemes,” said Faye Jarvis, pensions partner at the law firm Macfarlanes....
...Trustees need to be telling advisers what to do, rather than the other way around. Rory Murphy Chair of Trustees Merchant Navy Officers Pension Fund West Sussex, UK...
...However, competition in the savings and mortgage markets and expectations of rate cuts have weighed on interest margins....
...“The bigger funds are more nimble and can act quickly,” said Chris Roberts, managing director at Dalriada Trustees, a firm of professional trustees....
...The assets held in overseas trusts will not pass under your aunt’s will so you would need to consider the trust documents or contact the trustees to establish who are the beneficiaries of any trust assets...
...The company said its productivity programme would deliver savings of about €800mn over the coming three years, “more than offsetting operational dis-synergies” from the separation of ice cream....
International Edition