Pensioners need to be alive to the risk of soaring inflation after the Bank of England warned average prices could rise as much as 7.25% in April 2022. People who… The post Pensioners could be amongst the hardest hit by soaring inflation appeared first on London Business News | Londonlovesbusiness.com.
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 rose by £4bn over the course of… The post FTSE 350 pension scheme deficits increase despite rising yields appeared first on London Business News | Londonlovesbusiness.com.
The Government is facing growing pressure to expand its automatic enrolment reforms. Conservative MP Richard Holden expected to use a Private Members’ bill today to urge policymakers to: – Lower the age… The post Expanding automatic enrolment to young and low earners ‘could boost pension savings by £2.8 trillion’ appeared first on London Business News | Londonlovesbusiness.com.
Nationwide’s customers are suffering payment delays which left some worried about receiving their wages just before Christmas. “We apologise for the delays that members have experienced in sending and receiving… The post Nationwide customers hit by payment delays appeared first on London Business News | Londonlovesbusiness.com.
Taxpayers who file their tax returns online by the 30 December may be able to enjoy a Christmas bonus, say accountancy firm Blick Rothenberg. Stefanie Tremain, a director at the… The post Taxpayers could receive a Christmas bonus appeared first on London Business News | Londonlovesbusiness.com.
HarbourVest Global Private Equity, a closed-end investment company, today announces its estimated Net Asset Value (“NAV”) at 30 November 2021. HVPE provides a complete private equity solution for public investors,… The post HarbourVest Global Private Equity NAV per share rises 3.4% over November appeared first on London Business News | Londonlovesbusiness.com.
The HFM Global Index gained 0.4% in Q3, despite the S&P 500 posting its worst month since the start of the pandemic. The equity market falls in September and ongoing… The post Hedge funds remain strong despite S&P 500 issues appeared first on London Business News | Londonlovesbusiness.com.
Tonight one lucky person could win the EuroMillions largest ever jackpot totalling £184m. Andy Carter, senior winners’ adviser at The National Lottery, said, “Specifically for large amounts of money, £184m,… The post One lucky person could win EuroMillions biggest ever £184m jackpot tonight appeared first on London Business News | Londonlovesbusiness.com.
The Pensions Regulator (TPR) has today outlined how it plans to use new criminal powers where employers attempt to dodge their pension promises. Two new criminal offences – avoidance of… The post The Pensions Regulator sets out how it will use new criminal powers appeared first on London Business News | Londonlovesbusiness.com.