Armed Forces

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Phoenix Group comments on the triple lock analysis in The Times

“Decisions around the state pension triple lock carry huge political significance given the impact on a large proportion of the electorate. Over half of retirees derive the majority of their retirement income from the state pension*, so any changes to the triple lock will have a material impact on the day-to-day lives of millions of… Read more »

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Phoenix Group publishes its Net Zero Transition Plan with its full c£0.3 trillion investment portfolio in scope to decarbonise

Decarbonising Phoenix Group’s investment portfolio will have a significant impact, accounting for 99% of the Group’s emissions • Phoenix Group is making good progress towards achieving its first interim target of a 25% reduction in the carbon intensity of circa £160 billion* of listed equities and credit by 2025   Phoenix Group, the UK’s largest… Read more »

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Twigg defends state of MoD housing
MoD told to prioritise military housing

The Ministry of Defence (MoD) has been told to get its priorities straight after it resurfaced tennis courts while many troops were living in substandard accommodation. A report by the Public Accounts Commmittee (PAC) found the MoD spent nearly £2 million on building all-weather sports pitches and resurfacing tennis courts at the same time as… Read more »

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Cross-Whitehall review ordered on military services
Government moves to fix ‘broken’ military covenant

The government has promised to provide better support for service personnel, their families and veterans, after being roundly criticised for failing in its duty of care towards the armed forces. Armed forces minister Bob Ainsworth announced yesterday service personnel will be the first beneficiaries of a cross-government command paper, designed to coordinate efforts across Whitehall… Read more »