UK’s National Employment Savings Trust forces employees to up pension standards
Not all UK based companies provide their employees with a pension scheme at the moment and not all employees have access to such a fund join. Perhaps somewhat surprisingly, it is a fact that as recently as 2009 only 50 percent of UK employees belonged to ...
More and more people are looking for different ways to draw the best from their pension schemes, and weighing up SIPPs
For those unfamiliar with the term, a SIPP or Self Invested Personal Pension is, in essence, a pension scheme holding the same tax advantages as other pension schemes, but that provides a higher level of control over how savings are invested. The tax bene...
GNP is launching programmes aimed at strengthening the company’s leadership and long-term viability
In the midst of a global financial crisis, GNP maintained the dynamism that has characterised its 110 years and set itself in the vanguard of product innovation and services both for its customers and its distribution channel.GNP is a Mexican insurance co...
The London market is being propelled by international equity, says Frogmore director
According to Stuart Jenkin, Director of Fund Management at Frogmore, the UK-focused property fund manager, the state of the global economy coupled with reduced liquidity available from banks, tax rises (such as the VAT) and the reduction of public expendi...
Endre Dobozy explains why his Vanuatu-based fund is a safe harbour for investors
Most major market indices have, at best, gone sideways for the past decade. In fact since 1998 investors really haven’t stood a chance. There was the Russian bond default in 1998, tech wreck in 1999, at least two recessions, subprime mortgage ...
Fund managers have more pressure to perform. Consumers want more
attractive benefits while demanding more competitive running costs.
Risk and government regulation is on the rise. Yet Jamaican-based NCB Insurance Company is thriving in a tough environment
It hasn’t been an easy journey, but the Jamaican pensions and insurance industry is slowly finding its feet. Improving financial literacy and a greatly increasing macroeconomic stability also bode well for the future of the Jamaican pensions industry. ...
Brazilian pension fund Fundação CESP is celebrating returns of more than 19 percent. Interest rates continue to fall and investment is pouring into the Brazilian economy. With more than $11bn in assets, this Brazilian pension operator is a force to be reckoned with, says CEO Martin Glogowsky
Pension funds are big players, especially in Brazil where assets under management have soared in recent years. Following the global credit crisis, Brazil was one of the first nations on the road to a sustainable financial recovery: it is now poised to ove...
British insurer Standard Life beat forecasts with a 30 percent rise in first-quarter sales, helped by growth in corporate pensions and in its core retail …
British insurer Standard Life beat forecasts with a 30 percent rise in first-quarter sales, helped by growth in corporate pensions and in its core retail products, as UK consumers shrugged off economic woes. "What we'd all underestimated was the resili...
The deepening crisis in company pension schemes is prompting companies not just to close their defined contribution schemes to new members, but to scrap the schemes altogether
The more realistic of us have realised that the days of final salary pension provision are swiftly drawing to a close. What was once regarded as a basic employee’s perk now seems fanciful, and the idea that someone could retire and receive a substantia...
234.1% of GDP, pariah of debt markets, but with hopes for a healthy twelve months ahead
197.5%, hard-hit by the tsunami, and reeling from the internal corruption allegations
142.8%, possibly heading for default, and considered one of many eurozone bad boys
133.8%, deceptively, has a strong banking sector, but little more in an ailing economy
126%, hopelessly indebted banks and very little light at the end of a long and gloomy tunnel
119% of GDP, in need of reform, paying over 7% for its debt thanks to technocratic leadership
106%, to many an idyllic investment destination, a great borrower, repayer, and long term option
101%, no government for most of 2011 didn’t help a weak economy in dire need of stimulus
90%, high but it’s recovering from a long and protracted revolution and aiming high
82%, stronger countries like Germany are contaminated by the weakest. It could go on…