The rising cost of a pension transfer
Fees paid by individuals transferring out of their defined benefit pension scheme have hit their highest levels since 2018, according to XPS.
U.K. leaders call on pension funds to invest more at home
U.K. pension funds and other institutional investors should join other countries’ investors benefiting from British infrastructure and other long-term investments and rely less on the stock market, said Prime Minister Boris Johnson and Chancellor of the Exchequer Rishi Sunak in an open “challenge letter” Wednesday.