Most listed companies don't have a fixed lifespan essentially they're intended to carry on trading until they go bust or are taken over. Hence many successful companies have been around for decades or even longer: US utility Consolidated Edison has been listed on the New York Stock Exchange since 1824. However, listed investment companies also known as investment trusts or closed-end funds may be different.
These are companies whose business is to invest in stocks and other securities rather than carrying on a business. So it may be in shareholders' best interests if these companies wind up once their investments mature, or if they are persistently underperforming the market.
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No savings from welfare bill after PIP changes shelved – will taxes rise this autumn?Labour’s welfare bill passed on Tuesday, but eleventh-hour concessions could reduce the overall savings to zero
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IFS: Ditch the triple lock and promise never to means-test the state pensionAs part of a blueprint to make us richer in retirement, the Institute for Fiscal Studies is urging the government to reform the state pension and hike pension contributions for high earners
