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Pensions News

Listing 490 articles over 49 pages

CBI Calls For Public Sector Pension Review

The cost of public sector pensions should be looked into by an independent commission, the Confederation of British Industry (CBI) said today. According to the business group, ways of alleviating ...

Pension Fiasco Hits The Public Sector

At a time when money has never been tighter in the UK it is believed that in excess of £100 million has been overpaid to a number of public sector workers over the last few years. It would...

Government Reveals Public Sector Pension Overspend

Public sector pensions overpayments since 1978 exceed £120 million, the government has admitted. A minister has also said that claiming back the money would not be possible for cost reasons. ...

Welsh Pension Scheme 'exposed To Madoff'

A Welsh pension scheme has admitted exposure to the Bernie Madoff hedge fund scandal. The US fund manager has been arrested by prosecutors over an alleged £33 billion fraud. He is said by th...

Get Professional Financial Advice, Halifax Urges

Britons would much rather talk over their financial problems with family and friends than with a professional, according to Halifax. The financial firm's new survey shows that 53 per cent seek out...

HBOS Pension Trustees Threaten To Block Takeover By Lloyds

Just when you thought that the HBOS and Lloyds merger was done and dusted it would appear that the trustees of the HBOS pension scheme are unhappy with the security being offered to their member's...

The £65 Billion Pension Hit

It has been reported that the top 100 companies in the UK, as denoted by the FTSE 100 index, have lost around £65 billion from the value of their pension assets over the last 12 months. When...

Is It Time To Link The State Pension To Earnings Again?

As we approach the centenary of the state pension in the UK union leaders are this morning calling for the restoration of a link between pensions and earnings. This link was taken there many years...

HBOS Pension Trustees Go To Court To Block Merger

As we covered just a few days ago, the trustees of the HBOS pension scheme have today taken their battle to the courtroom asking a judge to delay the banks merger with Lloyds TSB. They have...

Why Did The Government Take Away The State Pension Link To Earnings?

The last few days have seen mention of the centenary of the UK state pension and a suggestion that the link to average earnings should be reinstated. While this would make great sense, and assist...

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