King’s Speech: Pension schemes to be merged into ‘superfunds’ under Reeves’ shake-up July 17, 2024 Pension schemes will be pushed to pool their assets in “superfunds” as part of government plans to divert more of the country’s retirement cash into the economy and boost returns for savers, ministers have announced.
Reeves under pressure to shift the dial on pension investment July 10, 2024 Rachel Reeves and Labour will be tasked with driving through the so-called Mansion House compact and unlocking pension cash.
Sir Nicholas Lyons to host secret pension summit in push to unlock £75bn investment July 9, 2024 Some of Britain’s biggest pension firms are set for a secret summit in the Square Mile this week to discuss how to pump billions of pounds of retirement cash into the country’s start-ups, Morning Wire can reveal.
Legal & General launches new fund to funnel £400m into private UK businesses July 1, 2024 Legal & General said the plans would help boost the economy and its bottom line.
City rounds on pension schemes over attempt to derail FCA listing changes June 25, 2024 City figures have rounded on a group of top pension schemes after they mounted a last ditch attempt to derail the Financial Conduct Authority’s shake-up of listing rules last week.
‘Disastrous for the UK’: How the MPs’ pension fund abandoned Britain’s stock market June 14, 2024 Jeremy Hunt and Rachel Reeves have been squaring up to the UK’s pension sector in recent months with threats to strong-arm money managers into backing homegrown British companies - but they may do well to look closer to home.
M&S chair Archie Norman blames pension funds for London stock market’s troubles June 9, 2024 City veteran Archie Norman has hit out at pension funds for not investing enough in UK companies, partially blaming them for the decline of London's stock market.
Why pension trustees need to embrace a ‘win-win’ and back British firms May 16, 2024 Pension trustees must embrace a “win-win” and begin backing Britain’s homegrown tech companies if younger Brits are to retire with comfortable pension pots, the founding chief of the British Business Bank has warned.
City minister: Pension funds need to start pumping cash into London’s stock market May 15, 2024 UK pension funds need to start pumping cash into London’s stock market “fast”, the City minister will say today, in another warning shot at the sector as government tries to channel a wave of cash into the City.
Canary in the coal mine? Trust asset value crashes following Gove’s proposed ground rent reforms April 24, 2024 The policy would have seen the government reduce annual payments to ‘peppercorn’ rates or almost nothing.