The global economy is “significantly behind schedule” when it comes to meeting 2050 net zero goals, according to new research from a leading asset management. However, despite this bleak assessment, BNY Mellon...
In environment of high inflation of rising interest rates has forced defined contribution (DC) schemes to re-evaluate traditional asset allocations. These schemes are including inflationary pressures in their long-term decision-making processes, with many...
The turmoil in the gilt markets has created an opportunity for some retired drawdown investors to take more money from their pension plans. This is due to the Government Actuary’s Department (GAD)...
The world is in the throes of a major energy crisis, centred on Europe and a horrible war, but augmented by huge shifts in global demand. Energy sits at the centre of...
At Prime Minister's Question Time today Liz Truss confirmed that the triple lock on the state pension would remain in place. In a response to a question from the SNP leader in...
Retirees could see their state pensions increased by a record-breaking 10.1 per cent in April, provided the chancellor does not ditch the triple lock for the second year running. If pensions are...
The Advertising Standards Authority has banned a series of HSBC advertisements, saying they made “misleading” environmental claims. This is the first time the regulator has ruled against a bank for misrepresenting its...
One of the less well-known threats from the current inflation shock is its likely impact on the Lifetime Allowance (LTA). Pay packets are expected to grow as demand for increases surge in...
Fund managers have increased allocation to alternative investments since the Covid pandemic and say the strong performance of these assets during this period has led to a more more positive view of...
The triple lock on the state pension could be dropped for the second year running after the new chancellor, Jeremy Hunt, refused to commit to increasing this benefit in line with inflation. ...
