Britain says change in pension funds needed to improve returns

Britain says change in pension funds needed to improve returns

Britain’s Chancellor of the Exchequer Jeremy Hunt leaves Downing Street in London, Britain September 13, 2023. REUTERS/Toby Melville/File photo acquire license rights LONDON, Oct 25 (Reuters) – Britain will not force pension funds to consolidate or invest in high-growth companies, but changes must be made to the sector to offer retirees better long-term returns term, …

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European markets fall ahead of key ECB interest rate decision

European markets fall ahead of key ECB interest rate decision

The cautious market mood follows a flurry of quarterly earnings reports as investors consider the ECB’s next monetary policy moves on Thursday. ADVERTISEMENT European markets started the session in the red on Wednesday, while the FTSE 100 index remained unchanged in anticipation of a key decision by the European Central Bank (ECB) on interest rates. …

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This European country was just named the best place in the world to retire

This European country was just named the best place in the world to retire

If you’re approaching retirement age, you’re probably thinking about all the different ways you want to spend your golden years. When do you dip into that hard-earned 401k? How will you spend your days from now on? And, perhaps more importantly, where do you want to live in retirement? Well, if you’re looking for the …

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European markets were mixed due to swings in global sentiment

European markets were mixed due to swings in global sentiment

15 minutes ago Philips loses 4% despite third-quarter earnings growth; new orders drop by 9% Shares of Dutch health technology company Philips fell 4% in early trading despite raising its full-year forecast for strong third-quarter earnings. See the list… Philips share price. Philips beat analysts’ expectations for core profit and comparable sales, but the company …

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