The "Sex and the City generation" is shirking financial responsibility, Friends Provident claims.
A report released by the life and pensions company found almost as many women surveyed own 30 pairs of shoes, 26pc, as have a personal pension, 31pc. Just 7pc of the women surveyed between the ages of...
A number of pension schemes have been prompted to lock in gains with a move into bonds after the estimated deficit across FTSE 100 DB pension schemes improved by £36bn, over the 12 months ending 30 June last year, JLT Employment Benefits found.
HM Treasury has agreed in principle to give NEST a £329m contingent liability guarantee in the event of the master trust's wind up or closure.
AMP Capital has set up a dedicated team to help institutional investors, including pension funds, invest in infrastructure through direct equity allocations.