Pension schemes that divest from stocks in sectors such as tobacco, arms, or fossil fuels are acting in an "unethical" manner, according to the Institute of Economic Affairs' (IEA) head of lifestyle economics.
Divestment will not change company behaviour and detriment is instead caused to individual pension scheme members who are deprived of returns, Christopher Snowdon argued. In particular, local authority...
Individuals must work longer, save more or spend less in retirement to avoid a global pensions crisis, a report by a Group of Thirty (G30) working group says.
This week’s top stories include the approval of the settlement deal between British Airways and the trustees of the Airways Pension Scheme, and calculations that show pension schemes could save 20% if they move to a defined contribution master trust....
Here it is… The list of all the individuals, teams and organisations that have been nominated so far for the PP Rising Star Awards 2020.
First Group has reported an increase in its pension deficit in the first half of the year, but says trading is “in line with expectations”.
The UK’s consumer prices index (CPI) has fallen to its lowest level since November 2016, according to the Office for National Statistics (ONS).