Payden & Rygel Global has launched a Sterling Reserve Fund in a bid to provide institutional investors with better yields than those available from bank deposits and money market funds.
UK - Payden & Rygel Global has launched a Sterling Reserve Fund in a bid to provide institutional investors with better yields than those available from bank deposits and money market funds.
Public sector pensions have fared better; Gold-plated pensions in public sector is a myth, Clegg told; Salad days for Uniq amid pension talks
The National Association of Pension Funds has urged the government not to damage the UK's savings culture by back peddling on pension reforms.
UK - The National Association of Pension Funds has urged the government not to damage the UK's savings culture by back peddling on pension reforms.
The Pensions Regulator has issued guidance for trustees on assessing, monitoring and taking action on issues relating to their employer covenant.
More than a third of women face retirement below the poverty line after underestimating how much they need to live a comfortable lifestyle, Prudential warns.
FRANCE - French President Nicolas Sarkozy's government said it will raise the retirement age to 62 and increase taxes on capital, seeking to stem losses in the pension system and safeguard the nation's top credit rating.
Pension providers are seeing a rise in lump-sum contributions to retirement funds ahead of the Budget, amid concerns the Chancellor will push ahead with plans to cut higher rate tax relief.
Jupiter's IPO has been more than 2.5 times oversubscribed after a strong take-up from both institutional and retail investors.