LONDON The leader of Britain's main opposition Labour Party said on Tuesday that if he won a national election on Dec. 12 he would use government reserves and borrowing to finance compensation for women who lost out when their retirement age was raised.
Latest Pension News
- Not much potential to unleash in London's FTSE - Reuters poll
- MSCI arms all investors with ESG ratings of 2,800 top firms
- Labour promises millions of women pension compensation
- British watchdog fines Janus Henderson £1.9 million over unfair fees
- Woodford analysis suggests investors may lose a third of their money
Recent Pension News
LONDON Asset managers must ensure effective liquidity management of their funds, even where investment decisions have been delegated to others, Britain's Financial Conduct Authority said.
BENGALURU Global funds recommended an increase in equity exposure in October to obtain better returns at a time when stocks and bonds have rallied simultaneously on policy easing and monetary stimulus offered by major central banks, a Reuters poll found.
LONDON British financial markets reacted calmly on Wednesday to the prospect of a snap election before Christmas after a fractious UK parliament finally agreed to a nationwide poll on Dec 12 that may help break the political deadlock over Brexit.
LONDON Several investment managers have shown interest in taking over the running of the LF Woodford Income Focus Fund, formerly managed by Neil Woodford, the supervisor of the fund said on Wednesday.
LONDON British house prices rose in November at the fastest annual rate in seven months, mortgage lender Halifax said on Friday.