Chart of the week: UK pension funds
Our chart this week is on the £2.0tn market value of funded occupational pension schemes on 31 March 2024 and how their assets are invested.
Read the latest insights on the public finances, including the effect of the coronavirus pandemic on public finances in the UK and around the world. Find out more about tax and other income, public spending, public assets and public liabilities including debt, and what governments can do to develop an effective long-term fiscal strategy to ensure the sustainability of public finances.
Our chart this week is on the £2.0tn market value of funded occupational pension schemes on 31 March 2024 and how their assets are invested.
King’s Honours: former chartered accountant Chris White has been active in district politics since 1998.
ICAEW has set out its recommendations for the business tax roadmap to be published at the Budget and has encouraged the government to carry-out a wider review of the tax system. ICAEW's Tax Faculty goes through the details.
The Chancellor must put incentivising growth at the heart of the Budget, says ICAEW, as it calls for long-term fiscal planning, a fundamental review of the tax system and investment in skills and green technologies.
Big rows over small pledges risk missing wider uncertainties – including a potential £12bn black hole in public finances, Resolution Foundation warns.
Net debt represents a growing fiscal mortgage of £92,000 per UK household as a difficult financial year comes to a close.
Now that the dust has settled on last month’s Spring Budget, ICAEW has published a more detailed analysis on the implications for the public finances.
Our chart this week looks at how liabilities in the UK’s public balance sheet have risen significantly over the five years to March 2022.
Net debt fell by £7bn from £2,694bn to £2,687bn, despite a shortfall of £20.5bn between receipts and spending in the first month of the government’s financial year.
In a letter to the Chief Secretary to the Treasury, the Institute writes about the Spending Review scheduled for later this year, cost effectiveness in infrastructure delivery and public sector productivity.
Report by the National Institute of Economic Social Research points to rising interest rates driving a growing cost of debt at local authorities.
The first face-to-face meeting of the Strategic Finance Network Group tackled the fascinating subject of ‘Influencing Upwards’ at an event hosted by ICAEW at Chartered Accountants Hall.
ICAEW welcomes the publication of the Whole of Government Accounts for 2018-19, the UK Government’s annual financial report for the year ended 31 March 2019.
On 18 July 2019, the Office for Budget Responsibility (OBR) published its second fiscal risks report. The fiscal risks report provides an analysis of the economic and policy risks facing the public finances, including a ‘fiscal stress test’, setting out how the fiscal numbers might react to a no-deal Brexit.
A collection of independent essays and an ICAEW/PwC call for EU reform.
Synopsis of the Global Financial Stability and Public Debt.
This survey provides a unique picture of the views of 10,000 Europeans on intergenerational fairness.
Ensuring intergenerational fairness is one of the biggest challenges facing European policymakers today. Citizens are increasingly worried that they and their children may end up worse off than previous generations, challenging a key premise that has long underpinned societies: each successive generation would become better off than the one before.
Download Sustainable Public Finances – EU Perspectives: 7 Key Insights.
Policy insight examining the view that infrastructure needs to be a central priority for policymakers given the increased economic uncertainty that has emerged following the decision of the British people to leave the EU.