Royal Mail’s new pension scheme falls 5% in first six months
Pioneering CDC product underperforms benchmark index by a percentage point
Revolut clashes with former staff over tax on share awards
Share-option plans that employees believed were only subject to CGT at centre of dispute
Fidelity pledges crackdown on excessive corporate pay
Asset manager puts UK chairs on notice on remuneration as part of closer scrutiny of boards
Robey Warshaw partners share £40mn profit
Boutique advisory posted revenues of £56mn for the year to March
Why Middle-Class Americans Say Life Is Unaffordable
Economists say that a typical middle-class family today is richer than one in the 1960s. Americans in their 20s and 30s don’t believe it.
The money lessons we wish we’d been taught at school
Deborah Meaden, Jill Scott, Carol Vorderman and others join FT columnists to share what they would teach kids today
Australia’s biggest pension fund to cut global stocks allocation on AI concerns
AustralianSuper warns of ‘maturing’ US tech cycle and high valuations
FEDS Paper: HANK Comes of Age: Monetary Policy with Heterogeneous Overlapping Generations(Revised)
Bence Bardóczy, Ettore Savoia, and Mateo Velásquez-GiraldoWe study the transmission and distributional effects of monetary policy in an environment where consumption-saving choices reflect both precautionary motives and life-cycle considerations.
Reform UK donor told ‘lies’ in testimony, according to High Court
Insurance entrepreneur Keith Beekmeyer gave money to Nigel Farage’s party to cover the cost of an office in Epping
How to reduce gift-giving stress with your kids – a child psychologist’s tips for making magic and avoiding tears
’Tis the season ... for gift-buying stress. Photo by Ryan Miller/Invision/APAs a child, I loved being the center of attention. So it was a problem when my baby brother was born a day before my birthday. For years, I would beg my parents for a birthday gift “one day early.” My laid-back brother remembers thinking, “I don’t care about presents. Just give her mine!”
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