Draghi cuts rates and beefs up QE
The euro shot up against all major currencies after the European Central Bank (ECB) cut deposit rates to -0.3% and extended its asset purchasing programme.
Speaking at a press conference following the central bank's policy meeting today, ECB president Mario Draghi (pictured) said it will cut the interest rate on overnight bank deposits from -0.2% to -0.3%,...
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PLSA: Most pension tax reforms will leave things worse and schemes at risk
Most reform options for pension tax will leave many savers with smaller pots and cause substantially more costs for schemes and employers, says the Pensions and Lifetime Savings Association (PLSA).
Scottish Widows adds 289,000 members to build workplace market presence
Scottish Widows’ workplace pension assets hit £68bn at the end of 2020, comprising almost half of its total £113bn of open book assets under administration.
CMI: Excess deaths beginning to fall
The number of deaths registered in England and Wales for week six of 2021 was 27% higher than expected, down from 52% higher than expected in week five of the new year.
Pension freedoms introduced too fast with safeguards passed over
Corners were cut in the 2015 introduction of pension freedoms which have left pension savers vulnerable and suffering, according to Work and Pensions Committee (WPC) chairman Stephen Timms.
Sustainable Investment Forum: Registration opens
Registration for the inaugural Sustainable Investment Festival is now open.
