Pensionbee seeks to break into largest defined contribution pension market with US launch July 18, 2024 The US defined contribution market represents around 80 per cent of the global total and is worth $22.5trn in assets.
FTSE 100 chief warns a pension poverty crisis looms without sweeping review July 17, 2024 Millions of Brits risk sleepwalking into an impoverished retirement by failing to stash away enough in their pension pots, the UK’s biggest pensions firm has warned, in a call for a sweeping government review of the pension systems.
King’s Speech: Pension schemes to be merged into ‘superfunds’ under Reeves’ shake-up July 17, 2024 Pension schemes will be pushed to pool their assets in “superfunds” as part of government plans to divert more of the country’s retirement cash into the economy and boost returns for savers, ministers have announced.
Sir Nicholas Lyons to host secret pension summit in push to unlock £75bn investment July 9, 2024 Some of Britain’s biggest pension firms are set for a secret summit in the Square Mile this week to discuss how to pump billions of pounds of retirement cash into the country’s start-ups, City A.M. can reveal.
Legal & General launches new fund to funnel £400m into private UK businesses July 1, 2024 Legal & General said the plans would help boost the economy and its bottom line.
STM Group suffers fall of profits and earnings on eve of acquisition by pensions rival June 27, 2024 Retirement and estate planning firm that owns Options Pensions' suffered a fall in profits, reported earnings per share and reported operating margins in 2023, on the eve of its acquisition from a rival firm completes.
Phoenix Group to explore potential sale of Sunlife June 26, 2024 Phoenix Group, the UK’s largest long-term savings and retirement business, has revealed that it will explore a possible sale of its Sunlife business.
Pensioners the ‘biggest winners’ from Tory policies since 2010, research shows June 26, 2024 Pensioners have been the big winners of Tory tax and benefit policies since 2010, according to new research from the Resolution Foundation.
The Notebook: Female pensioners are keen investors – and they’re outperforming men June 25, 2024 Victoria Scholar takes the notebook pen to talk rising mortgages, how pensioners spend their money, and a new £11m London property.
Election 2024: Benefits ‘less dignified’ than work, Starmer toughens welfare line June 23, 2024 State handouts don’t deliver the “same sense of self-reliant dignity as a fair wage”, Sir Keir Starmer has said, as he toughens his party’s line on welfare.