Mercer’s Pensions Risk Survey data shows that the accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed companies at the end of June moved to a… The post FTSE 350 pension schemes show surplus for the first time since 2018 appeared first on London Business News | Londonlovesbusiness.com.
Automatic enrolment has driven a pensions revolution among those who qualify, with the proportion of people saving for retirement rising from 43% to 57%. But the UK is divided when… The post Official data unmasks divided nation when it comes to pensions appeared first on London Business News | Londonlovesbusiness.com.
Having bucked the negative market trend this year with a positive performance, the FTSE 100 fell on Friday as the rest of Europe rose. A 0.2% drop to 7,548 was… The post FTSE fails to join market rebound appeared first on London Business News | Londonlovesbusiness.com.
Hedge funds retreated 0.4% in April, dragging year-to-date returns further into the red at -0.6%. April was a challenging month for the financial markets as the combination of the escalating… The post Hedge funds retreated 0.4% in April, dragging year-to-date returns further into the red appeared first on London Business News | Londonlovesbusiness.com.
There are fresh calls for an emergency budget to help workers, after basic pay fell further behind inflation. TUC General Secretary Frances O’Grady says millions of working families are at… The post Fresh calls for emergency budget as Brits squeezed appeared first on London Business News | Londonlovesbusiness.com.
New figures released today by the Finance & Leasing Association (FLA) show that consumer finance new business grew by 19% in March 2022 compared with the same month in 2021.… The post Consumer finance new business grew by 19% in March 2022 appeared first on London Business News | Londonlovesbusiness.com.
After yet another miserable session in the US yesterday, Europe and pockets of Asia managed to avoid the rout and push ahead on Tuesday. This is unexpected given market sentiment… The post Dividend stocks to the rescue as European stocks avoid US slump appeared first on London Business News | Londonlovesbusiness.com.
Figures released by the IA today show that investors withdrew £2.5 billion from investment funds in February. A total of £2.4 billion of this outflow was bond funds and this… The post Retail investors sold £2.4 billion of bond funds in February appeared first on London Business News | Londonlovesbusiness.com.
GfK’s long-running Consumer Confidence Index decreased five points to -31 in March. All five measures were down in comparison to the February 25th announcement. Joe Staton, Client Strategy Director GfK,… The post Consumer Confidence drops five points to -31 in March appeared first on London Business News | Londonlovesbusiness.com.
The Eurekahedge Hedge Fund Index declined -1.05% in January 2022, outperforming the global equity market as represented by the MSCI ACWI (Local) which declined -4.91% over the same period. Global… The post Hedge funds posts worst January return since 2016 appeared first on London Business News | Londonlovesbusiness.com.
