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How much pension a member of a superannuation plan – that is, an employer-sponsored plan – receives depends on the type of plan. The differences between the arrangements are sufficient to make a meaningful difference to how a pensioner lives...
In this issue, we cover regulatory developments impacting the investment management sector, including updates on closed-end fund activism and various new and revised SEC rules.
The draft master plan-2050 projects an addition of 12.6mn in the existing population of Lahore in the next 28 years.
The plan envisages housing and accommodation of around 9m people within the administrative boundaries of Lahore city district.
In an interesting High Court case, Mitchells & Butlers Pension Ltd v Mitchells & Butlers plc, the court agreed to "rectify" (i.e., correct) a series…