Billions vanish from retirement funds after pension providers shutter April 17, 2024 FSCS was able to pay back about £1.2bn in compensation over the last five years, meaning that investors were left with up to £800m in lost pension funds.
Pension giant Phoenix reportedly plotting multibillion-pound fund in boost for Hunt’s Mansion House Reforms April 8, 2024 Phoenix Group, the UK's largest long-term savings and retirement business, is reportedly planning to launch a new multibillion-pound fund to invest in high-growth companies and boost pension returns.
The Notebook: Scottish Widows’ Jackie Leiper on closing the pension gap April 8, 2024 Scottish Widows managing director Jackie Leiper takes the Notebook pen to talk the pensions gap, role models and seafood.
What this pension fund’s investments say about the London Stock Exchange April 3, 2024 A London pension fund has defended the way it invests its cash today after a new report shone a light on the wider dearth of retirement cash flowing onto the London Stock Exchange.
Chesnara: Insurance administrator plots more acquisitions and hikes dividend for 19th straight year March 28, 2024 Insurance and pensions administrator Chesnara plans to ramp up its M&A activity and raise its dividend for the 19th year in a row on the back of strong annual earnings.
Why Labour won’t compensate the Waspi women March 26, 2024 With fiscal discipline the order of the day, the Party is unlikely to repeat it’s commitment to handing £billions to pensioners, says Morgan Jones In November 2019, with the general election campaign already well underway, Labour announced that, if elected, it would pay compensation to Waspi women, at a cost estimated to be as much [...]
Leasehold reforms set to be walked back after investor lobbying March 25, 2024 Plans to cap ground rents on leasehold properties are set to be walked back after lobbying from pension funds and investors, according to reports.
Hunt confirms Tory commitment to pensions triple lock March 24, 2024 Chancellor Jeremy Hunt confirmed today that the pensions triple lock will be renewed if the Conservatives win the next election.
Mansion House reforms could deliver ‘huge benefit’ to UK, says pensions giant finance chief March 22, 2024 "If the rules and regulations allow us to change that that could be a huge benefit. What we're working on, is how do we actually facilitate and make this happen?"
Waspi women deserve compensation, but could there be a sting in the tail? March 22, 2024 Waspi women have a legitimate grievance over waiting longer than they expected for their pensions, but any reimbursement scheme must take into account that working people are struggling too, says Eliot Wilson From 2004 to 2009, the Department for Work and Pensions was guilty of maladministration, it breached the Civil Service Code and it failed [...]