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    Josephine Cumbo

    Global Pensions Correspondent

    Email Josephine Cumbo @JosephineCumbo  on Twitter (link opens in a new browser window)

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    • Wednesday, 1 February, 2023
      Bank of England
      Bank of England to set out ‘steady state’ measures for LDI market

      Financial stability chief says further steps needed to boost sector’s resilience after September liquidity crisis

    • Monday, 30 January, 2023
      Pensions industry
      Push into illiquid assets exposes UK pension savers to higher fees

      Government presses ahead with plans to funnel scheme funds into infrastructure and start-ups

    • Monday, 30 January, 2023
      Pensions industry
      UK sets out plans to raise disclosure standards for pensions industry

      Value-for-money test proposals will affect millions of retirement savers

    • Friday, 20 January, 2023
      Pensions
      Employers confronted over missing pension contributions

      Complaints to the ombudsman rise amid concerns over workers at smaller companies

    • Monday, 16 January, 2023
      Legal services
      City lawyers predict wave of LDI lawsuits stemming from pension funds crisis

      Survey of London litigators shows many also expect rise in US-style class action cases

    • Wednesday, 11 January, 2023
      Workplace pensions
      ‘High-earning men face a state pension shortfall’

      Top 10 per cent male earners pay more in national insurance than they get in retirement benefit, study reveals

    • Saturday, 31 December, 2022
      Pensions industry
      Pension funds must take ‘extreme care’ with liquidity risks, says OECD

      Rising interest rates and falling stock markets have changed the picture for retirement schemes

    • Wednesday, 21 December, 2022
      UK labour disputes
      Ambulance staff: ‘We’re striking because of the crisis in the NHS’

      Those on picket line say decline of NHS and poor pay are closely linked

    • Wednesday, 14 December, 2022
      UK financial regulation
      UK’s Pensions Regulator taken to task on preparation for gilts crisis

      Shortcomings exposed when yields soared while lifeboat scheme was much better organised

    • Tuesday, 13 December, 2022
      Pensions
      Widow challenges pension contributions clawback

      Financial services group recalls £165,000 after death-in-service payout

    • Thursday, 8 December, 2022
      Pensions crisis
      BT pension scheme warns it may need ‘support’ from company

      More cautious approach to liability-driven investing after Truss mini-Budget means returns may fall, MPs told

    • Wednesday, 7 December, 2022
      Pensions
      LDI pension managers dismiss claim that leverage strategies caused gilts turmoil

      UK policymakers examine use of ‘poorly managed’ leverage after crisis led to BoE intervention

    • Monday, 5 December, 2022
      National Health Service
      UK proposes NHS pension plan reform in effort to stop staff quitting

      Government to let nurses and doctors rejoin retirement scheme as health service contends with record waiting lists

    • Thursday, 1 December, 2022
      Lloyds Banking Group PLC
      Lloyds pension plan sold billions of assets during gilts crisis

      Details of one of the biggest known disposals by a corporate scheme revealed to MPs

    • Tuesday, 29 November, 2022
      UK politics & policy
      UK yet to compensate 200,000 for state pension underpayment

      Shortfall first flagged 2 years ago affects mainly older women who did not receive automatic uplifts

    • Monday, 28 November, 2022
      UK mis-selling
      Cost of funding pension scandal payout for UK steelworkers falls sharply

      Improvement in annuity rates slashes money needed for compensation linked to British Steel Pension Scheme

    • Friday, 25 November, 2022
      Personal Finance
      Regulator warns pension schemes on deadline for dashboards

      Plans for savers to view pension pots in one online location dogged by delays

    • Wednesday, 23 November, 2022
      Pensions industry
      Gilt crisis was major factor in £500bn hit to UK pension funds, MPs told

      City advisers promoting leveraged LDI strategies labelled ‘villains in the piece’

    • Monday, 21 November, 2022
      News in-depthPensions crisis
      UK regulators call for action on hidden leverage threat to pension funds

      Policymakers say more must be done to address blind spot revealed by September’s gilt crisis

    • Saturday, 19 November, 2022
      Personal Finance
      Autumn Statement: A soft landing for higher earners?

      Stealth taxes will pull millions into higher tax brackets, but there may brighter prospects for investors

    • Thursday, 17 November, 2022
      Royal Mail PLC
      Royal Mail seeks to cut back deliveries to five days a week

      Postal service says it needs to scale back service to ease financial pressures

    • Tuesday, 15 November, 2022
      UK financial regulation
      FCA admits being unprepared for mini-Budget’s threat to pensions

      Rathi says watchdog now considering stronger safeguards on funds’ LDI strategies

    • Wednesday, 9 November, 2022
      Personal pensions
      Market volatility hits pension prospects of millions

      Average balanced pension fund down by just over 11 per cent this year

    • Tuesday, 8 November, 2022
      UK universities
      UK university staff to stage ‘biggest ever’ strike in November

      Employees at 150 campuses to walk out for three days over pay and pensions

    • Tuesday, 8 November, 2022
      The Big Read
      Pension funds after the gilts crisis: the big asset allocation rethink

      The market chaos could lead to reduced demand for private assets, including property and infrastructure projects backed by the government

    Previous page You are on page 1 Next page

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