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    Josephine Cumbo

    Global Pensions Correspondent

    Josephine is the FT’s global pension correspondent covering the big trends in asset allocation by the world’s leading pension investors. She has extensive experience reporting on pensions from corporate to state and private pensions. She is the recipient of numerous awards for her pensions reporting over the past decade.
    Email Josephine Cumbo @JosephineCumbo  on Twitter (link opens in a new browser window)

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    • Friday, 24 November, 2023
      Personal Finance
      The Autumn Statement and your money 

      Analysis of the chancellor’s cuts to national insurance and changes to Isas and pensions

    • Wednesday, 22 November, 2023
      Autumn Statement
      Autumn Statement 2023: What it means for your money

      Announcements made on national insurance, pensions and Isa reform

      Chancellor Jeremy Hunt leaves Downing Street to make his autumn statement
    • Wednesday, 22 November, 2023
      Autumn Statement
      Town hall pension schemes to be asked to double riskier asset allocations

      Proposal is one of several measures aimed at unlocking billions of pounds to stimulate UK economic growth

      Commuters walking on London Bridge
    • Tuesday, 21 November, 2023
      UK schools
      Number of teachers in England and Wales retiring early jumps by 40%

      Rate of school staff taking their pension early rises as sector struggles with widespread recruitment gap

      A total of 5,610 teachers opted to take early retirement in the year to September 2023, compared with 3,932 in the previous 12 months
    • Tuesday, 21 November, 2023
      Autumn Statement
      Hunt to offer UK workers ‘pot for life’ in sweeping pension reforms

      Measure comes as chancellor seeks to unlock tens of billions of pounds of retirement fund cash

      The term ‘pension fund’ in a dictionary and a pound coin
    • Sunday, 19 November, 2023
      Pensions industry
      UK pension funds warn of roadblocks to Mansion House reforms

      Government growth plan hit by industry concerns over higher fees and risks for investors

      Montage featuring sterling notes and coins
    • Friday, 17 November, 2023
      Workplace pensions
      Can the UK learn from Australia’s pension savers?

      So-called super funds deliver better returns for retirees

    • Thursday, 16 November, 2023
      Pensions industry
      Jeremy Hunt to unveil expanded role for UK’s pensions lifeboat fund

      Chancellor’s move is part of range of measures aimed at channelling retirement fund investment to boost economic growth

      Jeremy Hunt
    • Tuesday, 14 November, 2023
      UK universities
      English universities warn sharp rise in pension costs will hit student welfare

      Former polytechnics required to increase employer contributions due to government reforms

      Manchester Metropolitan University
    • Tuesday, 14 November, 2023
      BT Group Plc
      BT Group raises prospect of pension refund after scheme deficit halves

      One of UK’s biggest retirement plans has been boosted by higher interest rates

      BT’s headquarters in Aldgate, London
    • Monday, 13 November, 2023
      UK politics
      Labour vows pensions review in effort to boost funding for UK growth

      Shadow chancellor says party plans to go further than Tories in unlocking retirement fund capital

      Shadow chancellor Rachel Reeves
    • Thursday, 9 November, 2023
      ExplainerUK economy
      Can Jeremy Hunt deliver on his pension reforms?

      Absence from King’s Speech has raised doubts about the chancellor’s plans to boost returns for savers and increase investment in the UK economy

      Jeremy Hunt
    • Tuesday, 7 November, 2023
      Personal pensions
      Pension experts quiz absence of bill on chancellor’s investment reforms

      King’s Speech on Tuesday did not include legislation to push Jeremy Hunt’s plan to boost pension investment

      Jeremy Hunt
    • Monday, 6 November, 2023
      Pensions industry
      Clara Pensions takes over Sears scheme in first UK ‘superfund’ deal

      Move provides alternative way for employers to offload weaker retirement programmes

      Screenshot of the Clara Pensions website
    • Friday, 27 October, 2023
      UK financial regulation
      Opaque practices await UK regulators in private asset valuations probe

      Insiders describe lack of transparency and poor methodology in some corners of the market

      People walk along Waterloo Bridge past the City of London skyline
    • Wednesday, 25 October, 2023
      High Speed Two Ltd
      Hunt admits UK government must ‘learn’ from HS2 decision

      Chancellor seeks to address concerns of pensions industry over investing in long-term infrastructure projects

      Jeremy Hunt
    • Tuesday, 24 October, 2023
      Pensions industry
      MPs’ pension fund shuns UK equities

      Parliamentary scheme highlights challenge of government push for more domestic investing

      A photo of the Palace of Westminster, with balloons in the foreground
    • Saturday, 21 October, 2023
      Workplace pensions
      UK Treasury set for £100mn windfall from nationalised banks’ pension funds

      Government took over Bradford & Bingley and Northern Rock during 2008 financial crisis

      Montage featuring the logos of Bradford & Bingley and Northern Rock
    • Friday, 20 October, 2023
      Pensions industry
      UK government set to unveil new pensions investment vehicle

      British Business Bank to lead push for funds to invest in high-growth companies

      Montage of UK flag and website of the British Business Bank on a phone
    • Friday, 20 October, 2023
      UK universities
      UK university staff vote to end acrimonious pension dispute

      Deal with union in effect reverses cuts to retirement benefits proposed in 2022 after contested valuation of main scheme

      UCU members on the picket line outside the London School of Economics
    • Friday, 20 October, 2023
      Pension automatic enrolment
      ‘Give workers power to ditch pension schemes’

      UK regulator in call for reforms to workplace retirement savings

      Sarah Smart, chair of the Pensions Regulator
    • Wednesday, 18 October, 2023
      Pensions industry
      Pension funds resist UK push to invest £50bn in growth projects

      Executives want greater incentives to back high-risk areas and a broader choice of opportunities for their capital

      A new road under construction
    • Tuesday, 17 October, 2023
      Pensions industry
      UK venture capitalists explore ways to boost pension fund investment

      Proposed ‘Venture Capital Compact’ would include pledge to look at fund structure to address pension industry concerns

      Dame Kate Bingham
    • Thursday, 5 October, 2023
      ExplainerSovereign bonds
      Who feels the pain from the bond sell-off?

      With prices plunging and yields at decade highs, these are the parts of the financial system that could come under strain

      A montage of a line graph and bank notes
    • Friday, 29 September, 2023
      Moral Money
      France pushes ‘new vision’ for development finance  Premium content

      Also in today’s newsletter, ExxonMobil pension fund fined over climate disclosures

      The AFD’s headquarters building
    Previous page You are on page 1 Next page

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