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Spring Statement: Govt launches consultation on venture capital funding

The Government has launched a consultation into how venture capital scheme investment in start-up companies can be structured. A document published today on the Treasury website is a follow up to the patient capital action plan published in the Autumn Budget last year. Then, Chancellor Philip Hammond said the Government aims to unlock £20bn of […]

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Gregg McClymont: Pensions inequality debate needs recasting

Debates over intergenerational pension fairness should be treated with scepticism as they often over-simplify complex issues, according to ex-shadow pensions minister Gregg McClymont. At a Trades Union Congress panel debate this week, the Aberdeen Standard Investments retirement head argued that focusing on pensions inequality between the generations missed several key factors. Inequality within generations can […]

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BT agrees deal with union to close DB scheme

BT has avoided the potential threat of industrial action by agreeing a deal with its main union to close its defined benefit pension scheme. The telecoms giant said in November it planned to close the DB scheme as part of its plans to get to grips with its £14bn pension deficit, an offer the Communication […]

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