People not only set out in retirement on the wrong foot, but also pass mid-retirement without properly reviewing their plans, according to a new report. Research from the Pension Policy Institute found many retiring savers take full cash withdrawals or stay in investment strategies designed for pre-retirement, not post-retirement, needs. …
Read More »Pension fund managers need their wits about them if they head into private equity
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. I was programmed early in life to regard all gambling establishments as dens of wolves, which rather reduces my enjoyment of spending time in them. Nevertheless, one night, many decades …
Read More »UK rich explore ‘10 years out, 9 years in’ to escape inheritance tax net
Stay informed with free updates Simply sign up to the UK tax myFT Digest — delivered directly to your inbox. For most people, moving countries once in a lifetime is enough. For a small group of the wealthy who want to avoid the UK’s inheritance tax, moving countries once every …
Read More »UK ministers consider cutting tax-free cash Isa allowance
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK ministers are considering cutting the £20,000 tax-free cash Isa allowance but debating with City of London figures the level at which it should be capped, according to two people …
Read More »Real estate firm buys Santana Row apartments for $74M
The building was developed in 2011.
Read More »Don’t make Isas a great British failure
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sweeping reforms to Isas are in the chancellor’s crosshairs, with the Treasury expected to launch a consultation on the future of tax-free savings and investment accounts. Yippee, said absolutely no …
Read More »Fremont opens 54-unit affordable housing complex, a $52.9M endeavor
Fremont’s newest affordable housing complex showcases partnerships between government, nonprofits and faith organizations.
Read More »There won’t be another Buffett because no one will have his advantages
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. “I shall not look upon his like again,” declares Hamlet, ruminating over the loss of his father at the beginning of the play. Since Warren Buffett announced his retirement from …
Read More »Cafe and smoothie shop to open shared space in downtown Fremont
Two Bay Area food brands are joining forces in downtown Fremont, with plans to open their doors this summer.
Read More »Reform UK can now influence over £100bn of pensions. Brace for the war on ‘woke investments’
Until now, UK investment firms with a strong domestic focus could largely ignore the waxing and waning of the ESG wars on the other side of the Atlantic. But things may be about to change. The big British political story of the past few weeks is the storming local election …
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