Hints and tips:
Related Special Reports
...A UK government push to persuade local authority pension funds to plough billions of pounds into levelling up projects may conflict with trustees’ duty to secure the best returns for pensioners, one of Britain...
...The supervision of contributions is the responsibility of pension providers and the trustees of every pension fund....
...Many workers wish for the simplicity of a pension that does not run out: 73 per cent of workers surveyed last year by insurer Nationwide said they wished their 401k plan had a lifetime income option....
...“The PPF has for over 15 years now demonstrated . . . that the crucial ingredients of scale, time horizon and professional management of diversified assets best secures long-term returns for savers — and...
...Any switch to compulsory investment in the UK should set klaxons blaring for pensions lawyers and trustees....
...and Keva, the Finnish local government pensions institution....
...There is talk of consolidation of local authority pension plans, too, but this plan is also not very radical....
...Local government pension schemes are funded through contributions from local authority workers and employers, with pension savers and taxpayers sharing the risk if investment returns are not as expected....
...Second, there is the question of infrastructure and private equity investment, which the government would like more of — both to improve pension fund returns and to help build back better, level up, or further...
...In the March Budget, the Treasury flagged further reorganisation of local government pension assets....
...While all workers will benefit from the 2p cut to national insurance contributions, many will be poorer overall because of the continued freezing of the personal tax thresholds....
...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...
...But, while institutions such as pension funds scrambled to get out, cutting exposure by 28 per cent to $440bn, and holdings by trusts and other sources dropped 29 per cent to $222bn, private investment by...
...She is not registered with the country’s state pension system and said she never received a salary during more than 34 years of service....
...Older workers including doctors. The next group of workers I want to support are those aged over 50....
...Interventions by President Andrés Manuel López Obrador and internal problems in the Mexico unit made Spain’s Santander and local lender Banorte re-evaluate the cost of the deal, according to two people directly...
...and pension cuts....
...The break-up of the state-run economy from the late 1980s smashed an “iron rice bowl” of housing, healthcare, pension and other benefits, inculcating a sense of insecurity....
...Michael Tory, co-founder of advisory firm Ondra Partners, says that the UK is the only major economy where local pension funds have in effect abandoned investment in domestic companies....
...off our past; shift the rising tax burden from workers to wealth; and share the rewards of growth....
...Local primary schools are struggling to enrol children, raising the prospect of mergers or closures....
...But the more tectonic pressure — the sort that would have come from the major Japanese pension funds and insurers and more permanently changed Japanese companies — has never followed....
...Pension funds after the UK government bond crisis Wild swings in the gilt markets, such as those caused by the Liz Truss government’s “mini” Budget in September, have taught UK pension funds an important...
...that by the workers....
...As cost-of-living pressures start to bite, claims for disability benefits are running at their highest level on record, with the Department for Work and Pensions struggling to process a backlog of hundreds...
International Edition