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.
Category : Search result: Superannuation fund collapse
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.
France pushes 30% cap on UK parts in EU defence fund
Paris proposes a 30% ceiling on the value of British-made components in EU defence projects, a move seen as a direct challenge to UK's defence industry and a new Brexit clash.
Mining worker's £1.6bn pension fund exposes retirement inequality
Exclusive investigation reveals how a mining magnate's retirement fund amassed a staggering £1.6bn while ordinary workers face pension uncertainty. The shocking disparity in Australia's superannuation system.
Couple use contactless card machine for honeymoon fund at wedding
A UK couple's modern approach to wedding gifts has ignited a social media firestorm after they placed a contactless card machine at their reception for guests to contribute directly to their honeymoon fund.
UK to rejoin UN Green Climate Fund under Labour government
In a major environmental policy reversal, the new Labour government announces the UK's return to the UN Green Climate Fund, signalling a renewed commitment to international climate cooperation and global leadership.
Exact savings amount Brits need to avoid stress revealed
New research uncovers the magic savings number that brings Britons peace of mind and how many are falling dangerously short of this crucial financial buffer.
FCA probes Hargreaves Lansdown over fund fee practices
The UK's Financial Conduct Authority launches an investigation into Hargreaves Lansdown's fund manager selection and fee disclosure processes, examining potential conflicts of interest.
Activist Investor Elliott Management Targets PepsiCo for Shake-Up
Hedge fund giant Elliott Management, known for aggressive corporate shake-ups, has taken a massive stake in PepsiCo and is demanding urgent changes to boost the beverage and snack giant's lagging stock price.
Philippines Approves Controversial $9 Billion Wealth Fund
The Philippine Congress has passed a contentious bill to create a $9 billion sovereign wealth fund, championed by President Marcos Jr. but met with protests and warnings from economists.
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.
Thousands Lose Life Savings in Australian Super Fund Collapse
Exclusive: A major superannuation fund collapse has wiped out the life savings of thousands of Australians, sparking government scrutiny and a desperate fight for justice. Discover the full story.
Jason Aldean's Breakdown After Las Vegas Shooting
Country music superstar Jason Aldean reveals the severe mental health crisis and PTSD he suffered following the 2017 Las Vegas shooting, where he was performing on stage during the deadliest mass shooting in modern US history.
The Ultimate Guide to Junior ISAs for UK Parents
Discover how Junior ISAs offer a powerful, tax-free way for parents and guardians to build a substantial nest egg for their children's future, with expert tips on choosing between cash and stocks & shares options.
Dubai Fund Takes Major Stake in London Stock Exchange
Dubai's sovereign wealth fund secures a 10.3% stake in LSEG, marking a significant Middle Eastern investment in the heart of the UK's financial infrastructure and raising questions about foreign influence.
FCA Reviews Rules as Top Enforcer Joins Hedge Fund
The Financial Conduct Authority launches an urgent review into its conflict of interest policies after its former head of enforcement, Therese Chambers, takes a senior role at a US hedge fund, raising serious concerns about the City's 'revolving door' cul
Mexican Quinceañera Tragedy: 11 Dead in Structure Collapse
A joyous quinceañera celebration in San Luis Potosí, Mexico, turned to tragedy when a makeshift structure collapsed, killing 11 and injuring dozens more in a devastating incident.
The Age-Based Savings Targets Every Australian Must Know
Exclusive analysis reveals the stark savings benchmarks Australians are expected to hit by every age. Are you on track for a comfortable retirement, or facing a financial shortfall? The numbers will shock you.
Woman blows £430k inheritance on spiritual gurus
A woman who inherited a £430,000 fortune from her late father squandered the entire sum within a year on dubious spiritual gurus, luxury retreats, and alternative healers, leaving her with nothing.
Find Your Child's Hidden £1,000+ Trust Fund
Exclusive investigation reveals a massive Child Trust Fund oversight affecting millions of UK families. Discover if you're sitting on a hidden fortune and the simple steps to claim it.
Treasurer defends retiree tax breaks amid fairness push
Australian Treasurer Jim Chalmers defends generous superannuation tax concessions for retirees while promising intergenerational fairness reforms. Exclusive analysis reveals stark disparities in retirement benefits across age groups.
Urgent Check For £2,000 Per Child In Free Cash
Families across the UK are being urged to check their eligibility for a massive government top-up worth thousands. This little-known scheme could secure your child's financial future. Here's how to claim.
Nurse's retirement dreams crushed by super fund collapse
A dedicated NHS nurse faces financial ruin after her superannuation fund collapses, leaving her retirement plans in tatters. Experts warn of systemic risks in pension schemes.
Professor Green launches £1M youth entrepreneur fund
Rapper Professor Green partners with The Prince's Trust to launch a £1 million fund supporting young entrepreneurs amid rising living costs.
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