Tax Collected from Lifetime Pension Allowance Soars 1000%
Government windfall rises to £110 million from £10 million in 10 years.
Government windfall rises to £110 million from £10 million in 10 years.
Move is part of a $3 billion inflation hedge.
Pensions returned 0.37% during Q1, despite Canadian equities falling 3%.
Report shows pensions’ funding ratio increased 2% in April.
Executive director lays out plans to de-risk, shore up the plan.
A number of differences in the House and Senate versions of a new bill calls for debate.
Report cites progress made, but says more work needed on closing gender gap.
New program could grow to $1.5 trillion by 2025.
Ruling says candy maker can’t block new workers from pension without penalty.
A final decision will now be decided on by the European Court of Justice.
Consultant JLT suggests plans de-risk following monetary policy discussions, regulator warnings.
The 334 pooled funds turn negative after record gains in 2017.
However, survey of 63 funds finds pensions performing below their 20-year target.
Committee is curious about more opportunities in digital regulation.
Fund now projected to meet return expectations over the next 30 years.