The NISA Pension Surplus Risk index fell in July by 0.6 percentage points to 6.9%. The average plan funded status also went down from 84.4% in June to 84% in July. July’s drop in average funded status followed two consecutive months of improvement. But this was due to discount rate declines that outpaced equity returns. A closer look at how July compared to June Despite the fact that the volatility Read More….
As many as 1.5 million workers could delay their retirement as a direct result of the COVID-19 pandemic, according to Legal & General (L&G) Retail Retirement. Research found that 15 per cent of over 50s still in work will push back their retirement date by an average of three years. However, 10 per cent admit they could delay their plans by five years or more. Over a quarter of those Read More….
As the world starts to readjust for the long-term consequences of the COVID-19 pandemic, businesses must find ways to guarantee financial stability. For many, this means turning to investors for capital. But why are companies doing this? Should investors take such a leap of faith with their money? And what are the long-term consequences of saying yes or no? Reasons for seeking investment Turning to investors for an injection of Read More….