Legal & General CEO: Urgent action is needed to get Brits saving more, earlier Opinion For a happy retirement, savers need a £220,000 pension pot. That means urgent action is needed now to get people to save more, earlier, says António Simões Whether it’s families around the dinner table or government around the cabinet table, pensions deserve to be a part of a national conversation. The government has rightly put [...]
Pension funds may still be forced to back Britain, minister warns Investing Pension funds could still be forced to invest in Britain if they do not voluntarily boost their allocation to UK stocks and infrastructure projects, the pension minister has suggested. Ministers have been pushing the UK’s £1.3 trillion defined contribution and local government pension system to lift its investment in UK assets since coming to power [...]
Why Rachel Reeves’s pension reforms might not be as ‘radical’ as she thinks Economics While her changes may constitute the biggest overhaul of the pensions sector in decades, some in the City say the truly radical option remains firmly in the back pocket.