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Top pension funds urge UK to change fiscal rule ahead of budget
Major pension funds have called on the British government to overhaul one of its fiscal rules in its budget later this month, adding to growing calls for the country to encourage more investment in infrastructure and green technology.
Pension providers urge caution over withdrawing funds
Pension providers said careful consideration should be given to the withdrawal of funds for a deposit on a home — warning that to do so could have “significant implications” for retirement. Despite
Pension Funds Ask UK for New Debt Rules to Spur Green Investment
Pension funds are asking the UK government to revamp rules determining how public debt is measured, to encourage more investment in green industries.
Pension funds call for UK fiscal rule change to spur investment
Investors which manage £1.7tn of assets have urged UK chancellor Rachel Reeves to revamp Britain’s fiscal rules to unlock billions of pounds of more funding for infrastructure projects. The group of pension investors including Australia’s IFM and the UK’s Universities Superannuation Scheme called on Reeves to redefine the key debt measure in her Budget rules.
2d
on MSN
My wife and I have $350K in a 401(k) and she gets a $50K pension and Social Security. I now have a terminal illness. What should we do?
Have an issue with your financial adviser or looking for a new one? Email questions or concerns to
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1h
Cut to tax-free pension would hit a fifth of people in their 50s
Rachel Reeves has been urged to cut the lump sum people can claim tax-free - which many use to pay off mortgages or gift to ...
Opinion
The Day
2d
Opinion
Overgenerous pension system is politically impossible to fix
An angry reader notes that after 24 years as a judge, the Connecticut Supreme Court’s chief justice, Richard A. Robinson, has ...
17h
Shamokin pension in ‘moderate distress’
As another batch of municipal pension audits get released, Auditor General Tim DeFoor warns of shortfalls. “Our audits make ...
4d
on MSN
‘It bothers me that it’s frozen’: I’m 64 and can’t get my pension until I retire. Is this common?
I am a teacher. I enjoy my job and plan on working until I’m 70. I’m 64 and will qualify for a small employer pension at 65, ...
2h
Money blog: Just six months left to boost your state pension with historical top-ups - and it could bag you £6,000
There are just six months left to fill any gaps in your national insurance records (going back as far as 2006) if you want to ...
4d
on MSN
Minnesota teacher pension fund under Tim Walz ‘blatantly cooked,’ investigator finds: ‘Undetected for decades’
Edward Siedle, an ex-US Securities and Exchange Commission lawyer privately hired by worried educators, has just published a ...
3d
on MSN
Quebec Pension Fund Says It’s Ready to Back Couche-Tard in 7-Eleven Quest
A senior executive at Quebec’s public pension manager said the fund will likely provide financial backing to Alimentation ...
The Motley Fool on MSN
3d
Boeing's in Big Trouble: Now Its Union Wants a Pension
Boeing froze its
pension
plan in 2014, replacing it with 401(k) plans for newer workers. Reviving the
pension
plan could ...
3h
New DWP compensation update for WASPI women affected by changes to State Pension age
Unfortunately for the estimated 3.6 million women affected by changes to their State Pension age, delays look set to continue. On Monday, both the Pensions Minister and Work and Pensions Secretary Liz ...
19h
Warning for 700,000 on state pension as letters hit doormats with £665 tax demand – will you get a surprise bill?
TENS of thousands of pensioners are set to get tax demands this year for the first time since they retired. A new freedom of ...
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