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After days of rumours it has been confirmed that Toyota is to recall 437,000 Prius hybrid vehicles amid concerns about the car’s software and how it reacts to breaking on slick surfaces. While not...
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Pensions News Archive Bookmark and Share
Monday 8th February 2010
Pensioners hit by tax code error It has been revealed that pensioners in the UK have been dragged into the rogue tax code saga which has seen millions of incorrect tax code forwarded to taxpayers in the UK. While pensioners have...
Monday 1st February 2010
Reader's Digest book could be closed after 70 years In yet another reflection of the ever-growing pension funding problem in the UK, the British arm of Reader's Digest is seething on the verge of collapse with a £125 million pension fund deficit...
Saturday 30th January 2010
Boots announces changes to company pension scheme Boots, now part of the Alliance Boots group, has this weekend set out plans to reorganise the company's pension scheme which will see employees transferred from the final salary scheme to a "less...
Friday 29th January 2010
Why have the authorities ignored pensioners for so long? Even though the Labour government is currently under renewed pressure regarding its treatment of pensioners in the UK, the truth is that the older generation have been ignored by numerous...
Monday 25th January 2010
EHRC suggest retirement age should be scrapped The Equality and Human Rights Commission (EHRC) has today issued a report suggesting that the official retirement age in the UK should be scrapped. The commission believes that employers in the UK...
Monday 25th January 2010
Should the formal retirement age be abolished? A report by the Equality and Human Rights Commission has today prompted a very controversial and deep thinking argument regarding the UK retirement system. The commission has called on the...
Saturday 16th January 2010
Will final salary pension schemes ever disappear from the public sector? Despite repeated warnings from various associations in the UK, it would appear that the UK government is still charging headlong into a potential pension fund nightmare with more and more public...
Friday 15th January 2010
Council tax set to rise to plug pension fund shortfall It has been revealed via a Freedom of information request that 83 of the 87 local government pension schemes in operation in the UK were in deficit in 2007. When you consider that the financial...
Wednesday 13th January 2010
Conservative party refuses to bail out Pension Protection Fund A Conservative government would not underpin the financial liabilities of the Pension Protection Fund (PPF) according to the shadow pensions minister Nigel Waterson. While this headline will make...
Monday 11th January 2010
UK government set to abolish compulsory retirement At a time when the UK pension system is literally creaking and on the verge of collapse, Harriet Harman today stepped forward with a suggestion that compulsory retirement should be abolished in the...
Saturday 9th January 2010
UK government renames pension initiative The UK government made some amendments to the "Personal Accounts" pension system which has now been rebranded as the "National Employment Savings Trust" otherwise known as Nest. This is the...
Monday 4th January 2010
Is the government's pension policy working? With 9 out of 10 final salary pension schemes now closed to new members there are serious concerns that the UK government's pension policy is not working. More employers than ever before are also...
Saturday 2nd January 2010
The pension gravy train continues in the public sector Information gleaned from official government statistics has further confirmed the growing gap between private sector and public sector pension funds. It shows that over one third of senior civil...
Saturday 2nd January 2010
How will the ageing UK population impact upon the benefit system? At this moment in time there around 10,000 UK citizens who are aged over 100 but this figure is set to increase dramatically in the short to medium term. Forecasts suggest that over 280,000 Britons...
Thursday 31st December 2009
Will 2010 see major changes in the UK pension industry? There is no doubt that the last few years have been a disaster for the UK pension industry with the value of personal pensions under pressure, final salary pension schemes reporting massive...
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