Bond market turmoil earlier this month drove the UK 10-year gilt yield up to 4.9%, the highest figure recorded since 2008. The gilt yield has since dipped slightly to 4.6% as the government has sought to reassure a jittery market, but Chancellor Rachel Reeves has faced pressure to announce tax and spending changes in response
People nearing retirement are urged to check their pension pots as they could be hit by higher government bond yields People nearing, or at retirement, have been warned that higher borrowing costs could hit their pension savings, particularly if they are planning on drawing down their cash. Yields on government bonds- which reflect the cost
Ontario Municipal Employees Retirement System relied on steady returns from private assets, tailwinds from strong stock markets and a resilient U.S. dollar to earn a 4.4-per-cent return over a volatile first six months of the year. The pension fund had solid returns from its portfolio of public stocks, which gained 10.4 per cent as of
401k, IRA: How to choose a retirement plan that’s best for you There are many different retirement savings plans – traditional IRA, Roth IRA, 401k. Here’s how to choose the one that will help you reach your goals. Need $1,000 to cover an unexpected expense? Starting this year, you may be able to withdraw the