#pension-funds
#pension-funds
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fromwww.bbc.com
1 week agoStarmer warned of Labour rebellion if leasehold reforms watered down
A former minister has warned the prime minister could face a "mass rebellion" if the government waters down promised reforms of the leasehold system in England and Wales. Justin Madders told the BBC Labour must stick to its pledge to cap ground rents - an annual fee leaseholders must pay to their freeholder. Labour's election manifesto promised "to tackle unregulated and unaffordable ground rent charges" but there are concerns the government may row back on a cap because of the potential impact on pension funds.
UK politics
fromIndependent
5 months ago'He failed us' - how a financial adviser moved into pension fund property, racked up rent arrears and now won't leave
Bernard Doyle, at 73 years old, was astounded to discover in 2020 that there were insufficient funds in his pension account after following investment advice.
Real estate
fromwww.theguardian.com
6 months agoWoman who withheld council tax in climate protest faces losing home
I really object having to hand money over knowing that it's going to be used in ways that are reckless, that are damaging my children's chances of a livable future, let alone my grandchildren.
Social justice
fromIndependent
7 months agoEveryone likes the idea of a tax-free lump sum - but taking it from your pension isn't always the smartest thing to do
When considering retirement options, it's essential for individuals to evaluate their long-term financial health rather than following traditional advice blindly. A lump sum may not always be the best choice.
Retirement
NYC politics
fromCity Limits
7 months agoComptroller Frontrunners Would Invest Pension Funds in Affordable Housing, But Approaches Vary
Brannan and Levine propose using city pension funds to finance affordable housing projects.
Brannan targets city workers; Levine aims for 75,000 units through private developer financing.
Europe politics
fromIndependent
8 months ago'Four weeks to save Europe from all-out trade war with US' - as fears grow over Irish pensions
Pension funds could face a significant decline amidst rising tariff threats from the US to Europe.
Europe must act swiftly to avert an all-out trade war with the US.
fromwww.theguardian.com
8 months agoReeves's Mansion House accord on pension funds is long on virtue-signalling | Nils Pratley
The commitment is subject to fiduciary duty and consumer duty, meaning investments will prioritize return over patriotic sentiment unless government structures align favorably.
UK politics
fromBusiness Insider
8 months agoA county pension fund in Pennsylvania just became the first known to cease purchasing new Tesla stocks
Elon Musk's choice to become a political figure rather than a customer-focused leader has compromised the Tesla brand, according to Lehigh County controller Mark Pinsley.
Retirement
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