The Treasury will aim to plug the growing financial holes caused by Covid-19 by selling off £45bn of bonds during April.
Eighteen gilt auctions will be held as part of an "exceptional revision" to Debt Management Office (DMO) plans. The average auction sizes for each gilt duration are expected to be as follows: 1-5 years,...
The onset of the pandemic dented asset valuations but it will take time to understand the true cost for defined benefit (DB) schemes.
More than 240,600 savers have lost an estimated £14.6bn of pension savings to fraudsters, but a further £2.5trn remains potentially accessible to criminals, The People’s Pension (TPP) says.
Another week-on-week increase in the number of deaths with Covid-19 mentioned on the death certificate has brought total excess deaths since the beginning of the second wave to 5,000.
Smart has launched a retirement product in a bid to help guide members and bridge the advice gap.