pension fund

The unfunded tax cuts announced then spooked investors, who dumped UK government bonds, resulting in the Bank of England stepping in to buy bonds to save pension funds from collapse.

On Wednesday, workers had joined a weekly protest staged by pensioners who have seen their pension funds slashed.

When share prices drop, they reduce the value of products such as ISAs and pension funds.

The other way that people are exposed to these changes is through their pension funds.

Project Rise’s Los Angeles attorney, Thomas Watson, said during a hearing in the pension funds case that Skydance’s statement was based on “sloppy research.”