Retirees generally turn to the state pension to provide them with financial assistance. However, this is not always the only form of help available. Many retirees might find they qualify for the pension credit, which is designed specifically to help low-income people. The benefit supervised by the Department for WorkRead More →

By David Barbuscia NEW YORK, Feb 25 (Reuters) – The California Public Employees’ Retirement System (CalPERS) and California State Teachers’ Retirement System (CalSTRS), the two largest U.S. pension funds, are exposed to Russian assets, which have suffered pressures after the invasion of Russia. Ukraine on Thursday, according to statements fromRead More →

Written by: Emma Lunn 02/24/2022 Up to 850,000 people eligible for Pension Credit in 2020 did not apply for the benefit, missing an average of £1,900 a year. The figures come from the latest earnings-related benefit figures from the DWP, which found that a third of those eligible for pensionRead More →

Low-income pensioners are missing out on average £1,900 a year by not claiming pension credit, according to the latest government figures. Some 850,000 families are missing out on a total of £1.7billion in financial support. Pension Credit is a benefit paid by the Department for Work and Pensions, which providesRead More →

Money Saving Expert founder Martin Lewis explained how private workplace pension plans work and advised everyone to change their policy immediately for easy gains. Video loading Video unavailable The video will start automatically soon8to cancel play now Martin Lewis urges viewers to use pension search service A simple change meansRead More →

Denmark’s major pension funds have defended themselves after being challenged by a campaign group over the amount they invest in fossil fuel companies – particularly in stocks that increase their capacity for fossil fuels. The non-governmental organization (NGO) ActionAid Denmark (Mellemfolkeligt Samvirke) has published a new report in recent daysRead More →

Band David Randall NEW YORK, February 14 (Reuters) – Seven state government employee pension funds, including CalPERS, the largest US pension plan, have taken stakes in electric vehicle startup Rivian Automotive Inc. RIVN.O in the quarter that ended Dec. 31, according to securities filings released Monday. The Texas Teachers’ RetirementRead More →

Key points Inflation in the United States and the euro zone has continued to exceed expectations this year The transient nature of the phenomenon has been called into question Investors see inflation rising in the medium term Drivers of portfolio allocation are more or less unchangedRead More →

Pension funds in Arab countries have begun to integrate environmental, social, governance (ESG) and sustainable development issues into their investment decisions, according to a report by the Arab Monetary Fund (AMF) and the United Nations Program for Development. However, more progress needs to be made if pension funds are toRead More →

The former owner of Norton motorcycles has pleaded guilty to the charge of illegally investing pension plan money in his bankrupt business. The pensions regulator announced in August 2021 that it would prosecute Stuart Garner, accused of transferring some £14million in assets from three pension schemes – Donnington 2012, CommandoRead More →

Pension Credit is a useful tax-free income and savings supplement that opens the door to many other financial benefits. Yet the Department for Work and Pensions says up to a million pensioner households eligible for the credit are not claiming it. In this guide we answer: Pension Credit is aRead More →

LONDON (Reuters) – Mandatory clearing of derivatives contracts by European Union pension funds is set to begin in June 2023, helping the bloc reduce its dependence on London, the European Union’s securities watchdog said on Tuesday. EU. Brussels wants to reduce the reliance of EU financial services companies, including pensionRead More →