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Pensions

Pensions

Posted Thu, 02/09/2010 - 06:15 by tmark938

UK government accused of raising pension age too quickly

UK government accused of raising pension age too quickly

Wednesday 1st September 2010

The National Association of Pension Funds has today stepped into the mix to suggest that the UK government is being "too hasty" with regards to proposals to increase the state pension age for men to 66 years of age from 2016. The Association ... Full Story>>

Posted Wed, 01/09/2010 - 18:24 by tmark938

Alliance Boots to outsource part of company pension scheme

Alliance Boots to outsource part of company pension scheme

Wednesday 1st September 2010

Alliance Boots, the merged operation between Alliance Unichem and Boots, has today announced the outsourcing of its £300 million defined benefit pension scheme which was the old Alliance Unichem pension arrangement. This scheme has around 3000 ... Full Story>>

Posted Wed, 01/09/2010 - 01:41 by tmark938

Blue-chip companies battered by pension storm

Blue-chip companies battered by pension storm

Tuesday 31st August 2010

Blue-chip companies in the UK are now using £2 out of every £3 in pension scheme premiums to reduce their liabilities as opposed to investing in employee benefits for the future. A report by KPMG indicates that overall there has been a £15 ... Full Story>>

Posted Wed, 01/09/2010 - 01:40 by tmark938

Government pension scheme arrangement to increase cost for private sector

Government pension scheme arrangement to increase cost for private sector

Tuesday 31st August 2010

A number of pension related companies have this week come out with various comments regarding the forthcoming "auto-enrollment" pension scheme with a consensus that the additional cost of implementing this scheme, to be borne by the private ... Full Story>>

Posted Thu, 26/08/2010 - 06:35 by tmark938

Couples fail to discuss retirement funding

Couples fail to discuss retirement funding

Wednesday 25th August 2010

A report by Prudential claims that the vast majority of UK couples fail to discuss their retirement options before it is too late. Many over 55's are currently sitting on significant equity in their properties although equity release options ... Full Story>>

Posted Wed, 25/08/2010 - 22:58 by tmark938

Pension Protection Fund to increase funding

Pension Protection Fund to increase funding

Wednesday 25th August 2010

The Pension Protection Fund, the rescue authority which covers corporate pension failures, has announced plans to increase its liquidity and its asset backing in the medium to longer term. The authority will increase its solvency ratio, the ... Full Story>>

Posted Sun, 22/08/2010 - 23:40 by tmark938

Would you like to work until you are over 70?

Would you like to work until you are over 70?

Sunday 22nd August 2010

Over the last few months there has been a constant drip feed of negative news regarding the UK pension age which is expected to increase significantly in the medium to longer term. There are now estimates that the national pension age will ... Full Story>>

Posted Fri, 20/08/2010 - 20:23 by tmark938

Pension age needs to rise in order to balance the books

Pension age needs to rise in order to balance the books

Friday 20th August 2010

A report by the Pensions Policy Institute think tank has concluded that the state pension age needs to increase to 72 years by 2030 in order for the UK government to "balance the books". If this particular recommendation was put in place then ... Full Story>>

Posted Thu, 19/08/2010 - 17:58 by tmark938

Do I really need a personal pension?

Do I really need a personal pension?

Thursday 19th August 2010

This pension sector is one which is never far from the headlines of the financial press although it is one which many people do not fully seem to understand. A number of the UK population have never even considered a personal pension and ... Full Story>>

Posted Thu, 19/08/2010 - 17:40 by tmark938

EMI pension fund dispute escalates

EMI pension fund dispute escalates

Thursday 19th August 2010

EMI, one of the best-known music labels in the world, has not been able to come to an agreement with the trustees of the company's pension scheme and the situation has now been referred to the Pensions Regulator. The Pensions Regulator will ... Full Story>>