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‘Part-time pensions penalty’ slashes women’s retirement pots
Women are on average £106,000 worse off in retirement than men, partly because such a high proportion work part-time, according [...]July 11, 2019
Rolls-Royce offloads one-third of its pension scheme to Legal & General in landmark £4.6bn deal
Rolls-Royce has handed over responsibility for £4.6bn of its pension scheme to Legal & General, in a record-breaking deal. The [...]June 6, 2019
Wrong state pension forecasts sent to 360,000 savers after Whitehall blunder
The government has admitted “significant” problems with state pension forecasts, after revealing hundreds of thousands of people have received erroneous [...]June 4, 2019
Pensions industry veteran Chris Curry to lead delivery group for dashboard scheme
A Whitehall initiative designed to give savers easy access to pensions information has taken another step towards hitting the market. [...]June 3, 2019
Invest in green energy, urges minister, as financial risks of climate change ‘too important to ignore’
Pensions minister Guy Opperman has urged fund managers to “do the right thing” and put money into renewables. Read more: [...]June 3, 2019
Sir Philip Green must stump up extra £50m to save Arcadia from administration
Sir Philip Green must plough another £50m into the pension scheme of his Arcadia retail empire to prevent it collapsing, [...]May 31, 2019
Sir Philip Green told to plug Arcadia’s mammoth pensions deficit with his own cash
Frank Field has weighed in on the row surrounding Sir Philip Green’s proposed restructuring of Arcadia, calling on the Topshop [...]May 24, 2019
Marks & Spencer pension scheme transfers £1.4bn to two insurers
Troubled retailer Marks & Spencer (M&S) has transferred £1.4bn in pension scheme liabilities to two insurance companies, bringing the total [...]May 23, 2019
Lloyds Bank boss summoned by MPs to explain pension pay perks despite easing shareholders’ concerns
Lloyds Bank boss Antonio Horta-Osorio has been summoned by MPs to explain the pension contributions paid to the bank’s executives. [...]May 23, 2019
Puzzled over Australia’s shock election result? Economics can help explain
The surprise of the week was the re-election of the centre-right Coalition government in the Australian General Election. The Labor opposition [...]May 22, 2019Content tagged with "Pensions"
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