Pensions Consolidate Megafunds

Reeves to force council pensions to consolidate into 8 ‘megafunds’

Chancellor to target minimum size for multiemployer defined contribution schemes of £25bn to £50bn

Business - Financial Times - Yesterday

Reeves in radical pension shake-up to boost growth

The chancellor wants to merge the UK's pension funds but critics worry about the impact on savers.

The Papers: Labour to 'miss homes pledge' and 'pension megafunds' plan

Concerns over housing targets and plans to make councils merge their pension funds lead the papers.

What debt types does debt consolidation cover?

Debt consolidation can be a smart way to cut down on interest charges — but there are limitations to know about.

How to qualify for a debt consolidation program this November

There could be big benefits to enrolling in a debt consolidation program now, but you'll have to qualify first.

Sweden’s EQT eyes deal push as it girds for wave of PE consolidation

Chief Christian Sinding says firm is weighing acquisitions of private investment groups and growth-focused investment firms

Business - Financial Times - October 27

Oil prices end higher after tapping a 2-week low

Oil futures finished higher on Wednesday as traders weighed prospects for energy demand, U.S. production, and oil and gas drillers under the incoming administration of President-elect Donald Trump.

Business - MarketWatch - Yesterday

Does debt consolidation or debt forgiveness make more sense with bad credit?

Finding the right solution to your high-rate credit card debt can be tough if your credit is less than ideal.

The great post-Budget pensions rethink

But there are several tools you can use to cut an IHT bill

World - Financial Times - 6 days ago

I’m 50 and have $250,000 in four retirement accounts. Should I consolidate them — and, if so, how?

“What is the best plan for the three accounts that are just sitting there?”

Business - MarketWatch - October 18

Oil prices settle higher but stay on track for a weekly loss

Oil futures finished higher for a third consecutive session on Thursday, but prices remained lower for the week on the back of strength in the U.S. dollar and the latest forecast from the ...

Business - MarketWatch - 5 hours ago

Don’t bring back traditional private-sector pensions

They’re not good for workers and distract from the key issue: continuous coverage

Business - MarketWatch - October 16

A $23 Billion Pension Vote Is Overshadowing Uruguay Election

World - Yahoo News - October 16

Pension de-risking: the pitfalls for retirement savers

Bonds, traditionally seen as safe assets for pension pots, have been subject to huge fluctuations in recent years

Business - Financial Times - October 18

Pension fund use of ETFs surges in Europe

Institutional iShares assets under management have been growing at a compound annual growth rate of nearly 30% in the region, according to BlackRock

World - Financial Times - October 18

Auto-enrolment drives surge in ‘lost’ UK pensions

£31bn sitting in unclaimed, inactive or lost savings pots

Business - Financial Times - October 24

Pension plan a sticking point for Boeing machinists on strike

The union representing Boeing machinists has voted to reject the company's latest contract offer, extending a costly, weeks-long strike. CBS News' Kris Van Cleave and Kelly O'Grady explain what ...

The Papers: Reeves 'risks hurting pensioners' and shoplifting 'crisis'

Warnings ahead of Rachel Reeves' first Budget, and the soaring cost of theft from shops, lead the papers.

Pensioner barred from Butlin's weekday solo visit

Malcolm says he is upset as he and his family have been going to Butlin's for years.

Pensioner who was punched has '1% chance of survival'

Marcus Fleming, 21, appears in court after a 74-year-old man was attacked in Antrim on Saturday.

Barnier touches nerve with plan to trim French pensions

Prime minister’s money-saving proposal hits opposition, despite calls for more intergenerational fairness

World - Financial Times - November 6

The race to build a £354bn British pensions behemoth

Reeves’ Mansion House speech will push for faster integration of council retirement schemes

Business - Financial Times - 3 days ago

Benefits, interest rates and pensions - how September's inflation figure affects you

The cost of living is always important but this month's has a particular extra impact for millions of people.

Swiss Government Proposes Sales Tax Rise to Finance Pensions

World - Yahoo News - October 16

Customers are withdrawing pension money over Budget uncertainty, warns AJ Bell

Wealth managers say speculation over UK tax changes is changing customer behaviour

Business - Financial Times - October 17

Pension funds warn being forced to invest in UK would be ‘huge mistake’

Industry fears having to buy lower-quality assets at unattractive prices after minister says ‘considering all options’