How costly are unfunded public sector defined benefit pensions? The question looms large in the economic future of the UK.
Continue reading..How costly are unfunded public sector defined benefit pensions? The question looms large in the economic future of the UK.
Continue reading..BP’s pension scheme was once a leading stakeholder in UK companies, but now it’s been ‘de-risked’ and may soon be hived off to an insurer. The story encapsulates the slow decline of Britain’s private sector defined benefit pension system.
Continue reading..QE has driven corporate pension liabilities sky-high, and MPs are considering softening inflation-linked promises amid complaints over generational inequality. But British companies’ ever-increasing dividends makes such a move politically tricky.
Continue reading..How pension policy cowardice helped doom Britain’s steel industry. Tata’s decision to write off the value of its UK steelmaking business and seek a quick sale, while keeping its Dutch business, is really a story about pension regulation.
Continue reading..
The bank may look profitable to shareholders, but ...
Bond investors have started to notice France's pol...