Iain Pearce, Senior Risk Transfer Consultant at actuarial and advisory consultancy firm Hymans Robertson, has said that he expects to see a “very busy” de-risking market to continue despite recent volatility in the UK gilts market. UK financial market volatility continues despite Bank of England efforts to tactically buy up gilts to mediate the negative … Read more
The revelation surfaced in a letter to Work and Pensions Committee chair Stephen Timms, whose committee is carrying out an inquiry into “saving for later life”, which is examining pensions adequacy, including specific focus on the gender pensions gap and gig economy workers. Timms had asked the pensions minister, in a letter dated July 20 … Read more
Truss’s success was announced on September 5, with the foreign secretary beating Rishi Sunak in a ballot of Conservative party members by 81,326 votes to 60,399 — a 57 per cent to 43 per cent victory. Truss had initially said she would publish an emergency budget in late September, though this has since been downgraded to … Read more