Browsing Category
Pensions
Hunt to boost UK superfund with pensions giant
The UK's largest long-term retirement and savings business has drawn up plans for a new superfund that will support fast-growing businesses as a boost to Jeremy Hunt.
Phoenix, the company that owns Standard Life, has begun creating a…
Sunak promises to maintain triple lock for millions pensioners
If he wins the election, the PM will pledge to keep the Tory Party's manifesto.
If Rishi Sunak wins the next elections, he will keep the triple lock on pensions. This will make sure that payments keep pace with the cost of living for…
Pension fund demand drives revival in UK corporate bond market
Pension funds are piling into UK corporate bonds, encouraging some French and German companies to issue sterling debt for the first time.
The UK's £1.4tn "defined benefit" pensions industry has been switching to corporate debt for its…
UK pension funds have lost £425bn due to the bond market crisis in the past year
According to a recent regulatory analysis, the value of UK pension funds will plummet by approximately £425bn by 2022 due to bond market turmoil caused by Liz Truss’s “mini” Budget. This led to retirement schemes being forced to sell…
Sunak’s tax raid is a stealthy one to catch 900,000.
New analysis shows that Rishi Sunak’s stealthy tax raid could hit up to 900,00 pensioners next year with a unexpected income tax bill.
The six-year tax threshold freeze by the Prime Minister will make it necessary for hundreds of…
UK pension trustees warn against offshore risk transfer
Senior industry professionals are concerned about the increasing involvement of foreign reinsurance companies operating outside UK regulations in corporate pension arrangements.
Many UK companies with large pension plans have sold them…
English universities warn that sharp increases in pension costs could affect student welfare
Leaders of English universities have warned that an increase in employer contributions to pensions next year would result in a drastic cut in student welfare and make it difficult to recruit staff.
Teachers in England and Wales are…