Rob White

5 days ago | aol.co.uk | Rob White

British holidaymakers are handing almost £1m a day to Australian pensioners and foreign investment firms as they battle extortionate airport parking charges, The Telegraph can reveal. Drivers paid £555m to park at Heathrow, Stansted, Manchester and East Midlands airports in 2024 – according to published annual accounts. As major investors, Australian pension funds alone made over £150m, which expert Mike Ambery said would flow into the pockets of retirees.

5 days ago | telegraph.co.uk | Rob White

Mr Ambery, of Standard Life, said there was a lot of successful foreign investment in UK private markets. He said: "Hats off, Australians are making the right global investments and this is a good example of how they do it in the UK. "Every time someone parks in a UK airport, or uses an M6 toll road or something like that, pensions are going up and that money is flowing through to an Australian retiree. "We absolutely don't want to miss out on opportunities in the UK, but we shouldn't be envious.

1 week ago | finance.yahoo.com | Rob White

Labour Pensions When Rachel Reeves unveiled plans to let companies raid their own pensions, she was unequivocal about her motivation – and it was not about protecting retirements. Strict safeguards currently restrict access to defined benefit pension surpluses, but as the Chancellor defiantly pledged to tear them up, she confirmed that growth was the Government’s top priority.

1 week ago | telegraph.co.uk | Rob White

There's also a perceived risk that older generations will have their pensions paid by younger ones who may receive less themselves. This should be less of an issue for UK schemes due to their design, but the risk cannot be eliminated. The plans also come at a time of major change in the Netherlands, where CDCs are the most common pension scheme. Paul Waters, of pensions advisers Hymans Robertson, said the country was now moving away from CDC and into defined contribution schemes.

1 week ago | finance.yahoo.com | Rob White

Richard Moore, 54, doesn’t want to be classified as a UK tax resident, but wants to spend more time with his British family Receive personalised tips on how to improve your financial situation, for free. Here’s how to apply or fill in the form below. After a career examining the very worst of human nature, Richard Moore, 57, is keen to make the most of retirement. He began as an analyst at the Serious Organised Crime Agency, before moving on to Cumbria Police.