Hints and tips:
...Pension trustees have also said they are worried about the potential threat from such arrangements....
...Both pension schemes are defined benefit plans, which pay a secure pension dependent on length of service, salary and age....
...“We are concerned that HSBC — in support of the Hong Kong National Security Law — is withholding pension funds from BNO [British National Overseas] passport holders and thus contributing to the oppression...
...The head of the UK’s National Infrastructure Commission has said he does not believe the government should tell pension schemes where to invest their members’ money....
...Armitt is a former chair of the National Express Group and held senior roles with the Berkeley Group as well as the Board of Transport for London....
...The $38tn US retirement system is one of the world’s largest, and US employers were among the first to shift from defined benefit pensions to defined contribution plans....
...At the end of 2022 there were around 27,000 UK DC pension plans, with 85 per cent reporting fewer than 12 members. UK pension plans’ investment remains heavily focused on listed equities and bonds....
...Andrew Gallagher, chair of trustees for the BAE Systems pension schemes, said: “As we continue to look at ways to further de-risk pension liabilities, reducing the cost and improving the efficiency of asset...
...of the national finances....
...Since 2021, trustees of the UK’s biggest pension schemes have been required to identify, assess, manage and disclose climate-related risks and opportunities....
...There is talk of consolidation of local authority pension plans, too, but this plan is also not very radical....
...As most of the 18mn people saving into workplace DC pensions stick with the default option, Hunt’s plans affect millions....
...Chancellor Jeremy Hunt plans to include the PPF proposal in a number of pension reform ideas. Rachel Reeves, the shadow chancellor, has similarly pushed pension reform....
...USS — the UK’s biggest private sector pension plan — has warned that the personal data of about half a million members may have been stolen during a cyber attack on outsourcing group Capita....
...We call upon the government to state an explicit target in the forthcoming space sector plan that the UK and the City of London becomes the pre-eminent global centre for space finance within the...
...The 5,000 or so pension plans monitored by the UK’s Pension Protection Fund, which rescues schemes whose corporate sponsor can no longer fund them, swung from a collective deficit of £132bn in 2020 to a...
...So, with the Secretary of State for Work and Pensions, last week I announced our Back to Work Plan. We will reform the Fit Note process so that treatment rather than time off work becomes the default....
...that we, and the National Competent Authorities (NCAs), put in place in November....
...Foroohar: You’ve got companies like Trader Joe’s, SpaceX and Amazon that want to overturn the legality of the National Labor Relations Board, which is the federal agency that protects the rights of workers...
...BT only expects its pension scheme — which has a £3.1bn deficit — to be fully funded by 2034. Trustees there have influence and can demand deficit reduction in the event of a takeover....
...Marc Filippino OK, so you just mentioned pension plans....
...In Europe, you’ve got dozens of different national stock exchanges....
...Savers logging on to check the value of their automatic enrolment workplace pensions are confronted with falls of 10 per cent or more in the value of their funds....
...Pension trustees have a legal responsibility to deliver the best returns for pension holders — it’s their money after all....
...Trustees of the BT, Ford and Marks and Spencer pension schemes had brought a judicial review claim against the government over plans by the UK Statistics Authority to reformulate the retail price index inflation...
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