Category : Search result: Superannuation fund collapse


Bronx Building Collapse: Rescue Operation Underway

A partial building collapse in New York's Bronx district has triggered a massive emergency response as rescue teams search for survivors amidst the rubble. Multiple injuries reported as residents describe chaos and devastation.

California mansions collapse as ocean cliffs crumble

Exclusive footage reveals the dramatic collapse of luxury properties in Dana Point as erosion threatens California's most exclusive coastal communities. Emergency measures underway as homeowners face devastating losses.

Toby Carvery ceiling collapses during busy service

Shocking moment ceiling collapses at popular Toby Carvery restaurant in Sheffield, sending debris flying as diners scramble for safety. No serious injuries reported but dramatic footage captures the chaos.

Premium Bonds Shake-Up: New Odds for 2025

NS&I's Premium Bonds are undergoing a major overhaul. Discover how the new prize fund rate and structure could affect your odds of winning, from the £1 million jackpot to smaller payouts.

Sunak's Future Fund costs taxpayers £1.1bn

Exclusive investigation reveals British taxpayers have lost over £1.1 billion from Rishi Sunak's Future Fund, with 158 companies collapsing and millions written off in failed investments.

Birnbeck Pier awarded £8m in lottery rescue bid

The iconic but crumbling Birnbeck Pier in Weston-super-Mare has been thrown a vital £8 million lifeline from The National Lottery Heritage Fund, marking a pivotal moment in the decades-long fight to save the unique Victorian structure from complete collap

£4.3M Lottery Lifeline Saves Historic Birnbeck Pier

The iconic but decaying Birnbeck Pier in Weston-super-Mare has been thrown a vital lifeline, securing a £4.3 million National Lottery Heritage Fund grant for its ambitious restoration and future as a public heritage site.

Aussies Lose Millions in Super Fund Collapse

Thousands of Australian retirees face financial ruin as the Sterling Income Trust, a major superannuation fund, collapses into liquidation. Investors have been warned there is 'no chance' of recovering their life savings, sparking outrage and regulatory s

Scott Bessent's Hedge Fund Targets UK Mortgage Market

Hedge fund titan Scott Bessent's Key Square Capital is making a major play in the UK mortgage sector, acquiring stakes in lenders that focus on 'principal residence' loans. This strategic move signals a major bet on the stability of the UK housing market.

Portland Homeowners Slammed with Crippling 'Climate' Fines

Property owners in Portland, Oregon, are facing severe financial penalties under a controversial new city climate initiative, with some bills exceeding $17,000. The programme, intended to fund clean energy projects, has been branded a 'disaster' and a 'st

NS&I Slashes Premium Bonds Prize Fund Rate

NS&I has announced a cut to the Premium Bonds prize fund interest rate, reducing the odds of winning for millions of holders. Find out what this means for your savings.

Albo's Super Tax Bombshell Targets Young Aussies

Prime Minister Anthony Albanese is considering a major shift on superannuation tax concessions, a move that experts warn could disproportionately impact the financial futures of younger Australians and reshape retirement planning.

Hume's Super Split Bill Targets Motherhood Penalty

A radical new proposal from Senator Jane Hume could revolutionise retirement savings for couples, allowing tax-free superannuation splits to address the financial gender gap exacerbated by motherhood.

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