BA’s staff have been told they will have to work longer as the airline said its pension deficit is set to double to £2.1bn
Tag: Pensions
Scotsman: Remortgaging Is Driving Debt Into Retirement
HOMEOWNERS risk falling into a £35 billion “never-ending mortgage” trap by failing to stick to or reduce the term of their loans – meaning pensioners are retiring with mountains of debt.
This Is Money: Standard Life Feels Flotation Pain
Standard Life’s 1.5m private shareholders are counting the cost as the assurer put aside an extra £100m to cover lost premiums and pension subs
This Is Money: Longer Lives Will Stretch Pensions
Relief at a fall in the size of UK pension fund deficits was offset today by a warning that companies were underestimating staff life expectancy
Scotsman: Anger Over Threat To Withdraw Crucial Company Pension Safeguards
THE government is threatening to remove vital safeguards for employees by allowing companies to renege on past pensions promises.
Scotsman: On Closer Inspection… Crisis Is Just As Bad
THIS week Moneyfacts released figures showing the shocking extent of the UK’s pension crisis.
This Is Money: Ex-minister Slams Pension Reform
Former Labour welfare minister Frank Field yesterday condemned the Government’s pension reforms as ‘positively dangerous’
This Is Money: Resolution Aims For £1bn Of New Funds
Resolution Life, the manager of 7m pension and endowment policies, is hungry to gobble up more funds
Scotsman: Personal Pension Pay-outs Halved
THE depth of Britain’s pension crisis has been exposed by new figures that show personal pension pay-outs have halved in the past decade, making it even harder for savers to achieve a comfortable retirement.
Motley Fool: Pension Incomes Down 72% – Ouch!
According to a new survey from Moneyfacts, returns from personal pensions have plummeted over the last decade.