Topic filter : Pension Scheme

Most trending topics in Business & Finance ( last 24 hours ):
Student Halifax Employee McDonald Home Owner Interest Rate Mis-sold Fraud Class-action Lawsuit Scammer Legal Action Broadband TalkTalk Railway More Expensive Bargain Pound Euro Commuter Brexit First-time Buyer Isa Election Airline Holiday

Socially Most Trending News

....For most people the “Lisa” is better for saving towards a pension rather than for a first-time house buy. It is probably also best for self-employed workers who don’t receive any contributions from a company into a pension scheme. ... [Read full article on Guardian ]
Saturday 19th of August 2017 06:00:06 AM
Total Trend count
2
Most trending on :
2

Latest Finance News related to Pension Scheme

Here’s help to decide which of two Isas is the best to buy into image
Source : Guardian [Read Article] Saturday 19th of August 2017 06:00:06 AM
....For most people the “Lisa” is better for saving towards a pension rather than for a first-time house buy. It is probably also best for self-employed workers who don’t receive any contributions from a company into a pension scheme. ...
New pension research: Is this really a golden era for retirement? image
Source : Daily Express [Read Article] Sunday 13th of August 2017 10:29:00 AM
....However, like many, Newman questions whether the state can afford this pledge as life expectancy rises. With final salary pension schemes also on borrowed time, he says the big question is this: “What happens for younger generations?” . ...
Here’s how savers can pass £1 million on and bypass inheritance tax image
Source : Daily Express [Read Article] Saturday 12th of August 2017 04:00:00 PM
....And over the past two years, 210,000 people have moved pensions worth £50 billion out of final salary schemes, figures from Mercer the actuarial firm shows. The culling of the so-called death tax on unused pensions in 2015 has been one of the main reasons that savers now want to change their pension schemes. ...
New Tata Steel scheme secures pensions for 130,000 workers image
Source : Guardian [Read Article] Friday 11th of August 2017 08:48:29 AM
. Tata Steel has reached an agreement over its £15bn pension scheme, in a move that the pensions regulator hopes will help secure jobs at the Indian-owned company that employs more than 8,000 people across the UK. ...
'Pensioners have NEVER had it so good' Retiree income better than workers' earnings image
.... "Gold-plated final salary pensions have been instrumental in boosting incomes over the past forty years, while the income provided by the State Pension has doubled over the period, with the triple lock maintaining growth more recently. "But as life expectancies rise, the financial burden for the State becomes unsustainable, and the most lucrative defined benefit pension schemes become a thing of the past, the question is: what next for younger generations?"Steven Cameron, pensions director at Aegon added: “Pensioners in the UK have never been better off financially than they are today. ...
Pensioners living in golden era as income rise outstrips workers’ image
Source : Guardian [Read Article] Tuesday 8th of August 2017 12:47:17 PM
....“Gold-plated final-salary pensions have been instrumental in boosting incomes over the past 40 years, while the income provided by the state pension has doubled over the period, with the ‘triple lock’ maintaining growth more recently. But as life expectancies rise, the financial burden for the state becomes unsustainable, and the most lucrative defined-benefit pension schemes become a thing of the past, the question is: what next for younger generations?”. ...
Inheritance tax: The secret loopholes to help protect YOUR money from dreaded death duties image
....A pension can be passed on without incurring tax, as long as death is before the age of 75. This can makes pension scheme more favourable over other savings account, including ISAs. ...
Your state pension in Dorset: £124,000. In Glasgow? £38,000 | Patrick Collinson image
.... Young women in particular will be expected to work eight years longer than their mothers before qualifying for a state pension. They won’t have generous guaranteed final salary pension schemes, but flimsy stock market-based alternatives instead. ...
The government has got it wrong on pensions | Letters image
Source : Guardian [Read Article] Friday 21st of July 2017 05:14:02 PM
....The chancellor of the exchequer recently pointed out that public sector pay was superior to private sector pay because of the occupational pension accruing to long-time public sector workers (Chancellor urges restraint on public sector pay, 17 July). However, when it comes to overall pension payments (occupational plus state pensions) most seasoned public sector workers coming up to retirement will note that their state pension is considerably less than that of private sector workers because public sector workers were opted out of the state earnings-related pension and graduated pension schemes. ...
State pension age rises: Will changes affect you? Everything you need to know image
Source : Daily Express [Read Article] Wednesday 19th of July 2017 02:42:00 PM
....Graham Vidler, director of external affairs at the Pensions and Lifetime Savings Association, said: “This proposal will affect more than 7million people in their late 30s and 40s – the sandwich generation. "This group are also those most at risk of inadequate private saving – they have not had the same access to final salary pension schemes as their parents and are too old to enjoy the full benefits of automatic enrolment that their children will see. ...
State pension age to increase seven years earlier than planned image
Source : Guardian [Read Article] Wednesday 19th of July 2017 01:44:22 PM
....“This proposal will affect more than 7 million people in their late 30s and 40s – the sandwich generation,” he said. “This group are also those most at risk of inadequate private saving – they have not had the same access to final salary pension schemes as their parents and are too old to enjoy the full benefits of automatic enrolment that their children will see. ...
Karren Brady to chair firm that owns Philip Green's Arcadia group image
Source : Guardian [Read Article] Monday 17th of July 2017 02:40:37 PM
....”. Frank Field, the MP who led the inquiry into BHS and has been highly critical of Green especially with regard to the handling of the company’s pension scheme, pointed out that Brady was hardly a new broom. ...
Pension planning: Avoid these costly mistakes with your savings  image
Source : Daily Express [Read Article] Sunday 16th of July 2017 02:14:00 PM
....Giving up guarantees. Many older pension schemes include a valuable benefit called a guaranteed annuity rate (GAR), which may offer income levels you simply cannot get today, as high as 12 per cent a year. ...
Gig economy: Financial advice for the self-employed  image
Source : Daily Express [Read Article] Sunday 16th of July 2017 12:01:00 AM
.... . They also lack protection against unfair dismissal and cannot access auto-enrolment workplace pension schemes, which have brought pensions to millions of low-paid workers. ...
Retirement age MUST rise or young families pay the price, pension committee head warns image
....". One of the first areas the MP has in his sights as returning head of the committee is workers being automatically enrolled into personal pension schemes, where charges can erode savers returns. ...
PENSIONS WARNING: Could this tax loophole affect YOUR savings? image
Source : Daily Express [Read Article] Friday 30th of June 2017 09:50:00 PM
.... . She wrote: “The Government appreciates the impacts on low-paid workers whose employers use a net pay arrangement pension scheme. ...
'EU pension' planned for people who move between countries image
Source : Guardian [Read Article] Thursday 29th of June 2017 10:59:21 AM
.... It would be regulated by the European Insurance and Occupational Pensions Authority, which is an EU institution. It is currently possible for EU nationals to be part of state pension schemes in multiple countries, as they move around. ...
Green's 'main purpose' in BHS sale was to avoid pension liability, says watchdog image
....Sir Philip Green was pushed to pay into BHS’s pension after the industry regulator found the “main purpose” in selling the department store was to prevent taking on liability for the scheme. The Pension Regulator on Tuesday published its report into a deal under which Green agreed to hand over £363m in cash to rescue the BHS pension scheme, and settle one of the biggest City rows of recent years. ...
Co-op Bank abandons sale talks as it edges towards rescue deal image
Source : Guardian [Read Article] Monday 26th of June 2017 05:25:23 PM
....The group’s stake is now expected to fall further as a result of the deal being negotiated. This will also involve separating the bank’s pension scheme from the wider group scheme. ...
Property owners' £2.3tn windfall 'has created huge inequality gap' image
Source : Guardian [Read Article] Tuesday 20th of June 2017 05:01:01 AM
....The report found that a typical adult born from 1981 to 1985 had half as much total net wealth at age 30 than a typical adult at the same age five years before them. The report also found that baby boomers had benefited from a second wealth windfall because they were much more likely to be the beneficiaries of defined benefit pension schemes than young generations. ...
Pension transfers are now worth more than the average home image
Source : Daily Express [Read Article] Monday 19th of June 2017 12:00:00 AM
...."But sometimes the process takes far too long, through no fault of the adviser. We need a system where pension schemes provide on day one all of the information needed to decide if a transfer is a good idea or not. ...
REVEALED: 5 simple tricks to increase your pension and BEAT threatened cuts after election image
....And workers who are likely to be reaching the peak of their career could be missing out on much more. NOW: Pensions policy director Adrian Boulding said: “Older people may think that it makes sense not to have another pension scheme – perhaps they think they’ve saved enough, or perhaps they feel they can’t afford it - people who do this are effectively throwing money away by missing out on their employer’s contribution to their pension, and the government’s contribution in the form of tax relief. ...
British workers are missing out on ‘buy one, get one free’ pension offer image
....It’s worth remembering that when an individual contributes £1 to a pension and receives standard-rate tax relief from the government, the actual cost to the worker is only 80p. If the employer matches the full £1 contribution, this means that 80p “investment” by the worker generates £2 in the pension scheme. ...
Topshop owner sees profits dive by 79% image
Source : BBC [Read Article] Thursday 8th of June 2017 12:44:18 AM
.... The potential of taking on such a burden was seen as one of the reasons that BHS failed to find backers or buyers for the business at a whole. In February of this year Sir Philip agreed a £363m cash settlement with the Pensions Regulator to plug the gap in the BHS pension scheme. ...
Sir Philip Green's retail empire reels from BHS closure and Topshop fall image
....Taveta has agreed to pay £50m a year over the next three years into Arcadia’s two pension funds for executives and regular staff. In February, the Green family agreed to hand over £363m in cash to rescue the BHS pension scheme, and settle one of the biggest City rows of recent decades. ...
Philip Green fashion empire hit by 16% fall in profits image
Source : Guardian [Read Article] Sunday 4th of June 2017 03:29:15 PM
.... Other executives who have departed recently include Evans boss Fiona Ross, Burton’s managing director Wesley Taylor and Miss Selfridge creative director Yasmin Yusuf. The pension scheme deficit at Arcadia Group has risen to nearly £1bn, according to documents recently published by MPs investigating the demise of BHS and pensions regulation. ...
Yes, house prices are falling: but they probably won’t fall quickly image
.... But there is good news on this front, because pension deficits at the UK’s largest companies appear to be falling. Pension adviser Mercer said last week that the collective deficit of final salary pension schemes among FTSE 350 firms fell in the past month by more than £10bn – from £145bn to £134bn. ...
The strange death of strikes in Britain image
Source : Guardian [Read Article] Saturday 3rd of June 2017 06:00:46 AM
. A strike at BT is threatened after it emerged this week that the company may be drastically slashing its final salary pension scheme. ...
REVEALED: How one in four over 55s could DOUBLE pension savings  image
Source : Daily Express [Read Article] Friday 2nd of June 2017 03:40:00 PM
. Around one in four over 55s are opting out of auto-enrolment workplace pension schemes, found a study by provider NOW:Pensions. ...
Hoover pension deal agreed affecting 7,500 members image
Source : BBC [Read Article] Friday 2nd of June 2017 11:50:35 AM
. A deal has been struck for Hoover to move the company's pension scheme into a protection fund. ...
More than half of those retiring in 2017 are doing so early, says survey image
Source : Daily Express [Read Article] Friday 2nd of June 2017 12:01:00 AM
. Some 60 per cent of those planning to give up work in 2017 are doing so earlier than their projected state pension age, or company pension scheme retirement date, Prudential found. ...
Labour plans inheritance tax raid: Jeremy Corbyn sets his sights on YOUR inheritance image
....The surge in the FTSE 100, which recently burst through 7500 for the first time, has also boosted the over 50s by driving up the value of their pensions and stocks and shares Isas. Christopher Jones, sales and marketing director of Kings Court Trust, said the older generation has benefited from generous pension schemes, higher interest rates and more affordable housing: "This meant they could get on the property ladder at a younger age and benefit from the subsequent price rises. ...
BT considering closing defined-benefit pensions scheme for existing staff image
. BT is considering closing its defined-benefit pension scheme, the latest former state-owned business to close – or move to close – so-called “gold-plated” retirement plans for existing employees. ...
Serious Fraud Office warns of £120m pension scam image
Source : Guardian [Read Article] Saturday 27th of May 2017 06:00:20 AM
....One man was persuaded to transfer almost £370,000 out of his workplace pension and put it all into one such scheme supposedly offering an 8%-12% return. The Pensions Ombudsman, which looked at his case, said the “blameless” man had switched out of the “secure and generous” NHS pension scheme and may have lost all his money as a result. ...
M&S annual profits fall by 64% as revamp costs bite image
Source : BBC [Read Article] Wednesday 24th of May 2017 06:30:53 AM
...."We are almost exactly where we thought we would be and we are pleased with what we delivered this year," Mr Rowe said. The firm was hit by a number of sizeable one-off costs, including £156m to make changes to its pension scheme, £132m on international store closures, and another £49m on changes to its UK store estate and "onerous lease charges" related to that estate. ...
Nationwide profits drop 18% as it shields savers from interest rate cuts image
.... He was hired from BT, an unusual move for the Swindon-based mutual that usually hires from within its ranks. The figures for the financial year, which ended on 4 April, also showed a £57m rise in staff costs after more people were hired, pay rises were awarded and contributions made into the pension scheme. ...
Workers 'suffer £200 pay cut' to fund pension deficits image
Source : BBC [Read Article] Monday 22nd of May 2017 07:16:46 AM
. Workers may be suffering from lower pay as a result of their employers spending millions of pounds to keep their pension schemes afloat. ...
Royal Mail posts strong rise in profits as parcels improve image
Source : BBC [Read Article] Thursday 18th of May 2017 06:33:54 AM
....It led to criticism that ministers had underpriced the former state asset. The company is also facing strikes in the UK over plans to close its defined benefit pension scheme in 2018. ...
Unite suspends planned BMW strikes after new offer image
Source : BBC [Read Article] Wednesday 17th of May 2017 04:06:09 PM
.... . Unite members were set to stage three walkouts later this month in a dispute over the closure of a final-salary pension scheme. ...
Tata Steel offers £550m to resolve long-running pensions row image
Source : Guardian [Read Article] Tuesday 16th of May 2017 05:18:09 PM
. Tata Steel has taken a step towards helping secure the future of its UK operations – including the Port Talbot works in south Wales – by reaching an outline agreement over the restructuring of its pension scheme. ...
Tata Steel offers to pump £550m into closed pension fund image
Source : BBC [Read Article] Tuesday 16th of May 2017 04:01:04 PM
. Tata Steel UK has offered to pay £550m into its now-closed pension scheme and give the fund a 33% stake in its UK business. ...
Foxtons' tweets win few fans – now the slowdown gives it little to sing about | Simon Goodley image
.... The company is fast developing a reputation for not always sticking exactly to its word. You will recall how there is currently an almighty row between the company and some staff about efforts to wriggle out of a defined benefit pension scheme – which pays out to employees based on years of service with either a career average or final salary. ...
Britain's booming pension funds see retirement income surge by 12 per cent  image
Source : Daily Express [Read Article] Thursday 11th of May 2017 04:32:00 PM
.... Some six per cent of the funds, which hold millions of pounds of Britons' pension savings, have seen double-digit growth. Richard Eagling, head of pensions at Moneyfacts, said: “The record numbers saving into personal pensions and defined contribution pension schemes have placed even greater importance on the ability of funds to deliver strong performance if individuals are to generate an adequate retirement income. ...
Co-op Bank investors braced for losses as it tries to raise £750m image
Source : Guardian [Read Article] Tuesday 9th of May 2017 06:31:56 PM
.... At the time, the Co-op Group finance director, Ian Ellis expressed hope that the bank’s sale would be successful and that the group expected “to get some value from the sale”. However, the Co-op Group may also demand a solution to pension scheme it shares with the bank, which is due for revaluation in July, and could be a potential barrier to any buyer. ...
Lifetime ISA 'THREAT' to retirement income: How LISA could damage YOUR pension image
....But basic rate tax payers already get £1 for every £4 saved in pensions from the Government in tax relief, while higher earners get £2 from the Government for every £3 saved. Therefore, it could be better for anyone who earns more than £45,000 to save into a pension scheme for retirement. ...
Tata deal with Liberty House saves 1,700 UK steel jobs image
Source : Guardian [Read Article] Tuesday 2nd of May 2017 11:40:38 AM
....”. Tata is in talks with the Pension Regulator to try and find a solution for its troubled pension scheme, necessary to secure the future of its UK operations, which employs about 8,500 workers. ...
Sir Philip Green and wife took £433m hit last year, says rich list image
....BHS, the department store chain formerly owned by Green, plunged into administration just more than a year ago, affecting 11,000 jobs and around 19,000 pension holders. After a long public row, Green, also boss of retail empire Arcadia, agreed to pay £363m to rescue the BHS pension scheme in February. ...
FTSE firms face pension 'difficulty' image
Source : BBC [Read Article] Monday 1st of May 2017 07:37:03 AM
....That could cause problems when some firms carry out pension re-valuations in the coming months, JLT said. Tesco and Lloyds bank are among those re-valuing their pension schemes. ...
May vows to protect pensions from 'unscrupulous bosses' image
Source : BBC [Read Article] Sunday 30th of April 2017 03:59:09 AM
....Billionaire Sir Philip Green sold BHS for £1 in 2015 and a year later it went into administration with a £571m pension deficit. Earlier this year, he agreed with the Pensions Regulator to pay £363m to settle the company's pension scheme. ...
McDonald's to offer all UK staff fixed hour contracts image
Source : BBC [Read Article] Tuesday 25th of April 2017 02:58:27 PM
....McDonald's has a UK workforce of more than 115,000, the majority of which are on zero-hours contracts. Paul Maloney, the GMB union's southern region secretary, said: "Workers at McDonald's should be offered up to 40 hours of work a week, and permanent contracts to include annual leave, sick pay and a pension scheme. ...
Sir Philip Green could still lose knighthood, says MP image
Source : Guardian [Read Article] Sunday 23rd of April 2017 03:54:50 PM
....”. Green agreed to pay £363m to settle the BHS pension scheme in February, less than the £571m deficit the firm was left with when it went bust in April last year. ...
Family matters image
Source : BBC [Read Article] Sunday 23rd of April 2017 12:51:12 AM
....The vast majority of young adults working in the private sector will never have pensions as generous as those enjoyed by their older colleagues. This is because most employers have closed defined benefits pension schemes, which typically see employees paid a set proportion of their average or final salary when they retire. ...
BHS crash sets trend for a chain of closures on UK high streets image
Source : Guardian [Read Article] Saturday 22nd of April 2017 03:00:17 PM
....A year on, the high street is still reeling from the body blow. More than two-thirds of the retailer’s 164 stores are still lying empty and its pensioners have been left worse off, even after former owner Sir Philip Green agreed to pump up to £363m into supporting the pension scheme. ...
Tata Steel offers £520m pensions payment in bid to secure future image
Source : Guardian [Read Article] Thursday 20th of April 2017 05:14:48 PM
. Tata Steel could pay more than £500m into its UK pension scheme as part of a deal with regulators that involves the Pension Protection Fund taking a stake in the business. ...
Green Investment Bank sell-off described as a disaster by critics image
Source : Guardian [Read Article] Thursday 20th of April 2017 03:22:54 PM
....3bn has been attacked by critics including the Liberal Democrats and Greenpeace as “politically dubious” and a “disaster”. A consortium led by Macquarie, which also includes the bank’s European Infrastructure Fund 5 and the Universities Superannuation Scheme, a UK pension scheme for university professors, agreed to buy the GIB, which was established in 2012 by the coalition government to fund green infrastructure projects. ...
Green Investment Bank to be sold off in £2.3bn deal image
Source : Guardian [Read Article] Wednesday 19th of April 2017 08:54:43 PM
....Macquarie has put up £1. 7bn to buy the bank, with a further £600m supplied in part by the UK-based Universities Superannuation Scheme, a pension scheme for university professors. ...
BMW strike halts Mini car production image
Source : BBC [Read Article] Wednesday 19th of April 2017 09:08:17 AM
....Workers at three BMW plants in the UK are staging a one-day strike in a row over pensions. The walkout, the first by BMW staff in Britain, is part of a wave of stoppages at the carmaker over the closure of a final-salary pension scheme. ...
PENSION CRISIS: Women LAGGING behind in huge pensions gap image
Source : Daily Express [Read Article] Wednesday 19th of April 2017 12:01:00 AM
.... . They need to start saving all they can as early as possible and resist the temptation to opt out of any workplace pension scheme, as this means they will not benefit from their employer’s contribution, she said. ...
Did you lose your job when BHS went into administration? image
Source : Guardian [Read Article] Tuesday 18th of April 2017 04:44:09 PM
....BHS workers are still likely to suffer cuts to their pension benefits. The Pensions Regulator estimates that workers will on average receive around 88% of the value of their original benefits in a new pension scheme created by the settlement. ...
Tata Steel merger with Thyssenkrupp under threat image
Source : Guardian [Read Article] Monday 17th of April 2017 12:36:06 PM
....Germany’s largest trade union, IG Metall, confirmed this week it was opposed to the tie-up and described it as “high risk” amid fears it would lead to thousands of job losses and the closure of plants in Germany. In the UK, the Pensions Regulator has warned about “significant issues” to be resolved regarding the pension scheme behind Tata Steel, which is called the British Steel Pension Scheme. ...
Should you resist Lisa … out to lure you into saving for a property or retirement? image
....45% administration fee, with fund charges on top. If you are self employed and don’t have access to a company pension scheme, you might want to consider one. ...
Higher interest rates. Great idea. Here’s why it won’t happen image
Source : Guardian [Read Article] Saturday 15th of April 2017 04:00:06 PM
.... With a cute and cynical emphasis, the focus is on the ordinary investor because they can be said to be deserving of everyone’s support – especially those who put money aside in a pension. Who can argue against higher interest rates if they prevent the collapse of final salary pension schemes?. ...
Bernard Matthews seller 'lined own pockets' by rejecting pension offer image
. The former owners of Bernard Matthews “lined their own pockets” by rejecting a takeover offer that would have protected the turkey producer’s pension scheme in favour of an insolvency process that ensured a greater return for themselves, MPs have claimed. ...
Five pension tax mistakes that could hit YOUR nest egg image
Source : Daily Express [Read Article] Friday 14th of April 2017 06:01:00 AM
....5. Taking the wrong amount of tax-free cash Savers who were in a pension scheme before 2006 may be able to take advantage of what is called protected tax-free cash. ...
Royal Mail union warns of industrial action over pension scheme closure image
Source : Guardian [Read Article] Thursday 13th of April 2017 08:44:38 AM
....The company added that is was still in talks with the unions over a “sustainable and affordable solution for the provision of future pension benefits”. Brian Scott of Unite said: “The Royal Mail Pension Plan is not closing in its entirety as the replacement pension scheme will embrace part of that. ...
Strike threat after Royal Mail closes pension scheme image
Source : BBC [Read Article] Thursday 13th of April 2017 07:32:05 AM
. Postal unions are threatening to ballot for industrial action after Royal Mail said it would close its defined benefit pension scheme in 2018. ...
Royal Mail plans to close defined benefit pension scheme next year image
Source : Independent [Read Article] Thursday 13th of April 2017 07:29:22 AM
Millions of Britons say property is their pension - but fifth yet to buy image
Source : Daily Express [Read Article] Wednesday 12th of April 2017 04:32:00 PM
....He added: “In addition, over half of Generation X admit they have no plan, or a vague plan of how they will finance their retirement which is also incredibly worrying. "The majority of Generation X find themselves in the unenviable position of being too young to benefit from generous defined benefit pension schemes and too old to receive the full benefits of automatic enrolment. ...
How to boost your pension by £700 a year: The amazing simple trick for YOUR retirement image
. Employees in workplace pension schemes are automatically enrolled into default investment funds, which try to meet broad saving goals. ...
WARNING: Free bank accounts to END, warns IMF in yet ANOTHER blow to hard-working Britons image
....The IMF sounded the alarm on low growth, low productivity and low interest rates linked to ageing populations. Officials said demographic changes in the likes of Britain, Europe and the US are likely to mean the end of generous final salary pension schemes and higher demand for health insurance plans. ...
Pension CRISIS: Just one in five of Britons expect to stop work by 65  image
Source : Daily Express [Read Article] Wednesday 5th of April 2017 03:15:00 PM
....“We are now firmly in an era of personal responsibility for long term saving. "The freedoms bring an increasing number of income choices, while the decline of generous DB pension schemes means that retirement income will be more closely linked to contributions made through life. ...
Lifetime ISA: Everything you need to know about the new LISA savings account  image
Source : Daily Express [Read Article] Wednesday 5th of April 2017 12:55:00 PM
....If you are buying outside of London, you can also use the Lifetime ISA for properties up to the value of £450,000, while Help to Buy has limits of up to £250,000 outside of the capital. Is it better to use a LISA or pension scheme to save for retirement?A benefit of the LISA is that all savings can be taken tax-free compared to pensions where only 25 per cent of savings can be taken before income tax must be paid. ...
BMW strikes set to disrupt Mini and Rolls-Royce production image
Source : Guardian [Read Article] Wednesday 5th of April 2017 11:24:39 AM
....The Unite union said the eight strikes would significantly disrupt production of Minis and called on BMW, the owner of Mini and Rolls-Royce, to hold talks to resolve the dispute. The trade union claims workers could lose up to £160,000 in retirement benefits because of the German company’s plans to close its final-salary pension schemes by the end of May. ...
BMW workers to stage first UK strikes over pensions image
Source : BBC [Read Article] Wednesday 5th of April 2017 10:37:44 AM
. Workers at BMW's UK plants are taking strike action over plans to close the company's final salary pension scheme. ...
Sir Philip 'favoured' Arcadia pension schemes over BHS image
Source : BBC [Read Article] Sunday 2nd of April 2017 07:20:55 PM
. Sir Philip Green has been "long favouring" the pension schemes of Arcadia over those of BHS, according to the chairman of the Commons Work and Pensions Committee, Frank Field. ...
Arcadia plan sees pension woe pile up for Philip Green image
Source : Guardian [Read Article] Saturday 1st of April 2017 03:00:28 PM
. The pension scheme deficit at Sir Philip Green’s Arcadia Group has risen to nearly £1bn, which means another headache for the former BHS owner. ...

Page rendered in 2.1412 seconds.