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Pensions News

Listing 490 articles over 49 pages

The Last Few Weeks Have Seen A Slight Improvement In Some Trading Announcements From Various Retail Companies Throughout The UK. However, A Report By The CBI Today Has Highlighted The Fact That 63% Of Their Retail Members Are Reporting Reduced Sales In Th

As the UK economy continues to head downwards and pension liabilities continue to increase many of the U.K.'s remaining defined benefit pension schemes (otherwise known as final salary schemes)...

Global Pension Schemes Fall In Value By £3.8 Trillion

Respected consultancy and actuaries Watson Wyatt has today revealed figures suggesting that global pension arrangements have fallen in value by some £3.8 trillion over the last year. While...

Is Your Company Pension Scheme Safe?

It has been revealed this weekend that a growing number of UK companies are reducing their contributions to staff pension funds in order to retain as much money on deposit as possible in these...

The Increasing Cost Of Public Service Pensions To Tax Payers

While not something the UK government is ever likely to shout about, the revelation that the vast majority of taxpayers in UK will pay more towards the pension of public sector workers than their...

The Pensions Regulator Warns Companies About Cutting Pension Contributions

The UK Pensions Regulator has stepped in today to warn companies in the UK that they would take a dim view of those paying dividends to shareholders while attempting in any way shape or form to...

Defined Contribution Pension Scheme Assets Fall Sharply

A report by Aon has today confirmed that the defined contribution pension sector has suffered a £140 billion loss in value since the onslaught of the worldwide credit crunch. Defined...

Standard Life Offers One Day Annuity Guarantee

In a move which has been condemned by many in the marketplace, Standard Life has confirmed that annuity quotes for its policies will be guaranteed for just one single day. In effect, if a customer...

The Great Government Pension Scandal

It has been revealed that upwards of 500,000 pensioners in the UK have been penalised by government assumptions on their income. When calculating a particular person's pension credit, all assets...

BAE Systems Tops-up Company Pension Scheme

News that BAE Systems will be forced to top up the company's pension scheme by a further £500 million this year could well be a sign of things to come in the future. The company has confirmed...

Sir Fred Goodwin Retires On £650,000 A Year

There has been dismay in the Houses of Parliament at the revelation that Sir Fred Goodwin, the former chief executive of Royal Bank of Scotland, is already drawing his £650,000 a year pension...

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