In today's budget Chancellor Osborne has launched a lifetime ISA to encourage those under 40 to save.
Osborne has introduced a lifetime ISA in a move in what he claims is a completely new flexible way for the next generation to save. People under 40 will be able to save up to £4k a year into a tax-free...
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.