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Pensions News

Listing 490 articles over 49 pages

How Do You Balance Company And Worker Pension Regulations?

As we covered in one of our earlier post, the CBI has recently been very vocal in support of UK businesses and a change in pension regulations. Historically companies were able to take a more...

Who Will Protect Older Workers In The UK?

As the recession continues to hit many areas of the UK business arena there are concerns that many older workers in the workforce could encounter a recession double whammy. Amid concerns that many...

Aegon Withdraws Guaranteed Pension Plan

In a fresh blow for the UK pension industry Aegon has been forced to withdraw its flagship 5 for Life Variable Annuity which guaranteed a minimum 5% annuity rate on pension arrangements. The plan...

Barclays Bank Deals Final Salary Pension Schemes A Killer Blow

News that Barclays bank is not only closing its final salary pension scheme but also transferring assets into a cheaper scheme which will reduce future liabilities has received widespread criticism...

Why Have Final Salary Pension Schemes Fared So Badly?

News that Barclays bank is introducing a significant re-organisation of its pension liabilities has in the eyes of many sounded the death knell for final salary pension schemes. These are schemes...

Calls For Disgraced MPs Pensions To Be Reduced

As we have covered on a number of occasions, the MPs expenses scandal has caught the attention of the UK public and ultimately led to the demise of a number of key figures in the UK government and...

William Morrison Dumps Final Salary Pension Scheme

As Barclays bank moves towards a significant change in its final salary pension scheme, supermarket chain William Morrison has today followed suit suggesting that future benefits for its 10,000...

Have We Seen The Death Of Final Salary Pension Schemes?

With news that British Telecom and Barclays bank are looking to close their final salary pension schemes and replace them with alternative arrangements, there is serious concern that the final...

New Pensions Secretary Is A Part Of The Family

Gordon Brown yesterday appointed Yvette Cooper as the new Secretary of State for Work and Pensions, replacing James Purnell who resigned from the Cabinet just days ago. Yvette Cooper is the wife of...

Massive Growth In Public Sector Pension Millionaires

A Freedom of Information Act request has revealed a phenomenal rise in the number of "public sector pension millionaires" over the last few years. Based upon the fact that a £33,000 a year...

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