Topic filter : Retire

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Socially Most Trending News

...."To be clear, I didn't fire Mark Fields. he decided to retire. ... [Read full article on BBC ]
Monday 22nd of May 2017 07:20:07 AM
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. The retirement age should rise to at least 70 in rich countries by 2050 as life expectancy rises above 100, according to a new report. ... [Read full article on BBC ]
Friday 26th of May 2017 12:02:45 PM
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....This year's Consensus conference drew some big corporate names, such as insurer State Farm, carmaker Toyota, and consulting firm Deloitte. Fidelity Investments, a staid, Boston-based money manager known for handling retirement accounts, was one of the presenters. ... [Read full article on BBC ]
Wednesday 24th of May 2017 09:07:22 AM
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....The 114-year-old company has also been outpaced by traditional rivals such as General Motors, which posted rising first-quarter profit this year, while Ford’s earnings slumped. Ford Jr said the decision that Fields would retire was reached on Friday but admitted there had been discussions for some time. ... [Read full article on Guardian ]
Monday 22nd of May 2017 11:28:37 AM
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.... . The report says older workers, and those already in retirement, have the most to gain when companies top up their pension funds. ... [Read full article on BBC ]
Monday 22nd of May 2017 07:16:46 AM
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....". Some say the changes could accelerate after Raul Castro retires next year. ... [Read full article on BBC ]
Monday 22nd of May 2017 11:35:07 PM
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. The retirement age in Britain and other leading developed countries will need to rise to 70 by the middle of the century to head off the biggest pension crisis in history, according to the World Economic Forum. ... [Read full article on Guardian ]
Friday 26th of May 2017 06:07:32 AM
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....Now might be the time to explore the attic for those long-lost masterpieces. Any of us could be just a rare Rothko away from early retirement. ... [Read full article on Guardian ]
Sunday 21st of May 2017 05:59:46 AM
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....”. The claim was originally brought in the name of John Greenwood, a 75-year-old retired civil engineer from Huddersfield who lost £45,000, although RBS eventually faced claims from five groups of investors whose total claims reached £4bn. ... [Read full article on Guardian ]
Sunday 21st of May 2017 01:03:31 PM
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.... Over the next five years, the population of the UK is expected to rise by 3%, but there will be a 9% increase in the number of people over 65 and a 15% increase in those over 85. More old people means higher pension costs despite the increase in the official retirement age and higher health costs, because the average 90-year-old costs eight times as much to treat each year as the average 30-year-old. ... [Read full article on Guardian ]
Sunday 21st of May 2017 09:58:53 AM
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....“I don’t think they quite grasped how much part of the corporate fabric of Australia BHP is. It has a lot of mum and dad shareholders, a lot of pension money and retirement savings. ... [Read full article on Guardian ]
Friday 19th of May 2017 10:19:28 PM
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....The new marriage allowance, introduced in April 2015, recently increased to £230 and Morrissey said cohabiting couples have so far lost out on a total of £662 in the three years since it was introduced. Pensioners who retired before April 6, 2016, under the old state pension system, have the right to an improved state pension when their spouse dies but this does not apply to cohabiting couples. ... [Read full article on Daily Express ]
Tuesday 23rd of May 2017 07:53:00 PM
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Wednesday 24th of May 2017 08:25:00 AM
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.... I have two Isas and am thinking of starting another. Our monthly income is £3,500, made up of my flexi retirement salary, local government pension, state pension and my wife’s teacher’s pension. ... [Read full article on Guardian ]
Thursday 25th of May 2017 06:00:21 AM
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.... The country has an unemployment rate of nearly 10% and its manufacturing sector is 12% below the level before the 2008 global financial crisis. Macron has indicated that he does not want to increase the retirement age, change the 35-hour working week or make it easier for companies to dismiss workers. ... [Read full article on Guardian ]
Tuesday 23rd of May 2017 09:46:18 AM
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Latest Finance News related to Retire

Call to raise retirement age to at least 70 image
Source : BBC [Read Article] Friday 26th of May 2017 12:02:45 PM
. The retirement age should rise to at least 70 in rich countries by 2050 as life expectancy rises above 100, according to a new report. ...
Don't want to work until you are 70? You will have to, says WEF image
Source : Guardian [Read Article] Friday 26th of May 2017 06:07:32 AM
. The retirement age in Britain and other leading developed countries will need to rise to 70 by the middle of the century to head off the biggest pension crisis in history, according to the World Economic Forum. ...
What's the best way of paying off my interest-only mortgage? image
Source : Guardian [Read Article] Thursday 25th of May 2017 06:00:21 AM
.... I have two Isas and am thinking of starting another. Our monthly income is £3,500, made up of my flexi retirement salary, local government pension, state pension and my wife’s teacher’s pension. ...
Not just Bitcoin... image
Source : BBC [Read Article] Wednesday 24th of May 2017 09:07:22 AM
....This year's Consensus conference drew some big corporate names, such as insurer State Farm, carmaker Toyota, and consulting firm Deloitte. Fidelity Investments, a staid, Boston-based money manager known for handling retirement accounts, was one of the presenters. ...
The financial benefits of getting married in retirement image
Source : Daily Express [Read Article] Tuesday 23rd of May 2017 07:53:00 PM
....The new marriage allowance, introduced in April 2015, recently increased to £230 and Morrissey said cohabiting couples have so far lost out on a total of £662 in the three years since it was introduced. Pensioners who retired before April 6, 2016, under the old state pension system, have the right to an improved state pension when their spouse dies but this does not apply to cohabiting couples. ...
How can Macron unite Europe? He could start with its armies | Hans-Werner Sinn image
.... The country has an unemployment rate of nearly 10% and its manufacturing sector is 12% below the level before the 2008 global financial crisis. Macron has indicated that he does not want to increase the retirement age, change the 35-hour working week or make it easier for companies to dismiss workers. ...
Cuban revolution image
Source : BBC [Read Article] Monday 22nd of May 2017 11:35:07 PM
Doing it my way image
Source : BBC [Read Article] Monday 22nd of May 2017 11:29:21 PM
.... . "We've seen opportunities for recent graduates to people who have retired - 'second-halfers' as we like to call them - who are starting a business once they've retired from their first career. ...
Ford names Jim Hackett as new CEO in push to build self-driving cars image
....The 114-year-old company has also been outpaced by traditional rivals such as General Motors, which posted rising first-quarter profit this year, while Ford’s earnings slumped. Ford Jr said the decision that Fields would retire was reached on Friday but admitted there had been discussions for some time. ...
Workers 'suffer £200 pay cut' to fund pension deficits image
Source : BBC [Read Article] Monday 22nd of May 2017 07:16:46 AM
.... . The report says older workers, and those already in retirement, have the most to gain when companies top up their pension funds. ...
RBS shareholders take battle over cash call to high court image
Source : Guardian [Read Article] Sunday 21st of May 2017 01:03:31 PM
....”. The claim was originally brought in the name of John Greenwood, a 75-year-old retired civil engineer from Huddersfield who lost £45,000, although RBS eventually faced claims from five groups of investors whose total claims reached £4bn. ...
Forget Brexit, the real challenge is creating enough wealth for an ageing population image
.... Over the next five years, the population of the UK is expected to rise by 3%, but there will be a 9% increase in the number of people over 65 and a 15% increase in those over 85. More old people means higher pension costs despite the increase in the official retirement age and higher health costs, because the average 90-year-old costs eight times as much to treat each year as the average 30-year-old. ...
Brexit and the coming food crisis: ‘If you can’t feed a country, you haven’t got a country’ image
.... The non-UK citizens here are mostly of working age and economically active. The 900,000 UK citizens in Europe are mostly pensioners living out their retirement on the sun belt in increasingly poor health. ...
Ex-RBS boss Fred Goodwin returns to spotlight in £520m court battle image
....Notable among them is John Greenwood, the private investor whose name was used in legal documents to make the original claim in the high court. A 75-year-old retired civil engineer from Huddersfield, Greenwood starting buying RBS shares in 2006 to fund his pension. ...
Brazil's stock market plunges after corruption claims image
Source : BBC [Read Article] Thursday 18th of May 2017 04:31:38 PM
....8% down at 61,575 points. Mr Temer is trying to get pension reforms through Congress that would mean men would have a minimum retirement age of 65, and women 62, and most people would contribute more. ...
State pension triple-lock AXED: Everything you need to know about Tory pension policy  image
.... Tom McPhail, head of policy at Hargreaves Lansdown, said: "This is largely what we expected. "The Triple Lock has largely done its job in improving pensioner incomes in recent years and protecting the retired population from the effects of the post 2008 recession. ...
Election 2017: State pension triple lock battle lines drawn image
Source : BBC [Read Article] Thursday 18th of May 2017 02:32:16 PM
....Tom McPhail, head of policy at Hargreaves Lansdown. said: "The triple lock has largely done its job in improving pensioner incomes in recent years and protecting the retired population from the effects of the post 2008 recession. ...
Ford looks to cut 1,400 jobs image
Source : BBC [Read Article] Wednesday 17th of May 2017 07:22:17 PM
. Car giant Ford will offer voluntary retirement and other financial incentives to some 15,000 workers in a bid to cut 1,400 jobs in North America and Asia. ...
The safety-first for savers and pensioners trying to secure shares image
Source : Daily Express [Read Article] Wednesday 17th of May 2017 12:01:00 AM
....” . Sanlam, commercial director Elliott Silk said inflation hits retirees hard, reducing buying power and nest eggs: “For those living on a fixed annuity income the cost can be staggering. ...
Noel Edmonds accuses Lloyds of 'foot dragging' over HBOS payouts image
Source : Guardian [Read Article] Monday 15th of May 2017 03:06:15 PM
....Lloyds has insisted it will make payments by the end of June from a £100m pot it has set aside to compensate 64 victims and has appointed Professor Russel Griggs to review their cases. The fraud took place in the run-up to Lloyds’ rescue of HBOS during the 2008 banking crisis but Lloyds has hired a retired high court judge to scrutinise whether it investigated the problems in Reading and reported them to the authorities. ...
Chapter closed? image
Source : BBC [Read Article] Friday 12th of May 2017 07:01:27 AM
.... . President Temer proposes to fix the economy by rebalancing the budget, starting by the costly retirement system. ...
Whistleblower sparks Hyundai and Kia recall of 240,000 cars image
Source : BBC [Read Article] Friday 12th of May 2017 05:37:45 AM
....But he also pointed out that his decision to speak out was calculated. He was nearing retirement, and didn't have as much to lose as his younger colleagues. ...
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
....uk showed. On top of higher annuity rates, it means that retirees have seen income from the insurance products surge by 14. ...
The cost of divorce: Marriage split hits retiree income by £3,000 a year image
Source : Daily Express [Read Article] Thursday 11th of May 2017 04:13:00 PM
....The typical expected income for someone who split up with their life partner stands at £16,300 a year, whereas those who stayed together are set for £3,000 more at £19,400, found a report by Prudential. Furthermore, around a fifth of divorcees face spending their retirement in poverty with incomes of less than £9,712 a year. ...
Labour would scrap rises in pension age image
Source : BBC [Read Article] Thursday 11th of May 2017 02:59:31 PM
....If the party were in government, it would commission a new review of pension ages, hot on the heels of the official review just completed by the former business leader, John Cridland. The new review would be "specifically tasked with developing a flexible retirement policy to reflect both the contributions made by people, the wide variations in life expectancy, and the different nature of working lives". ...
State pension chaos: Near impossible to know entitlement, say experts image
Source : Daily Express [Read Article] Thursday 11th of May 2017 01:07:00 PM
.... "So it’s very important to ask for a projection of what you’ll receive from the Department for Work and Pensions. "This can avoid a nasty shock at state pension age and more importantly allow individuals to work out how much of a private pension they need on top of their state pension to meet their future retirement needs. ...
PwC fined £5m over Connaught audit misconduct image
Source : BBC [Read Article] Thursday 11th of May 2017 10:35:26 AM
....The Financial Reporting Council (FRC), which imposed the fine, spent five years investigating PwC's audit of Connaught in 2009. It found evidence of misconduct by PwC and retired partner Stephen Harrison. ...
REVEALED: How many interest-only borrowers are paying off their mortgage image
Source : Daily Express [Read Article] Wednesday 10th of May 2017 11:05:00 AM
....But many people didn't have reliable plans for repaying lump sums at the end. Some people have found it difficult to switch to capital repayment mortgages if the loan runs into retirement - amid stringent age rules from lenders - even though many have guaranteed pension income to make repayments. ...
Rock bottom interest rates destroy pension pots as £10m forced to delay retirement past 65 image
. The savings crisis is forcing an incredible 10million Britons to delay their retirement as rock bottom interest rates destroy their pension pots. ...
How do we know we can trust the latest polls? | Brief letters image
Source : Guardian [Read Article] Tuesday 9th of May 2017 06:03:33 PM
.... Theresa May gabbles, Jeremy Corbyn has a beard, both impossible for lip-readers. It’s no wonder we retire to bed, exhausted. ...
Labour's stealth pension tax RAID: Corbyn's plans set to hit retirement savers  image
....This is because tax relief is based on income tax rates. Under the current system, people are encouraged to save for retirement with tax relief on contributions - higher rate taxpayers, benefit from higher tax relief. ...
Cloned cars sold in Greater Manchester eBay scam image
Source : BBC [Read Article] Monday 8th of May 2017 07:35:57 AM
....The vehicles were being sold in Greater Manchester via at least three accounts after having their details switched with legitimate cars. Among the victims was a retired police officer who lost £17,000 buying a Mercedes from a seller in Rochdale. ...
Hanging up the microphone image
Source : BBC [Read Article] Sunday 7th of May 2017 11:23:22 PM
....It helped put more younger faces in the crowd as he continued to tour intensively. Despite his enduring love of performing, Rogers says his current tour really will be his last because he wants to retire to spend more time with his wife Wanda and their 12-year-old twin sons. ...
What’s it like to lose £350m? A rogue trader confesses image
Source : Guardian [Read Article] Sunday 7th of May 2017 08:00:27 AM
.... What motivated him, he says, was being right. “You get these bonus cheques, but there’s no way you can use the money, only maybe when you retire. ...
'Your job is affecting your health and relationships' – our work expert responds image
.... But an opportunity has arisen to work on a number of different projects outside education and I know I would enjoy these despite the poor remuneration. However, my wife wants me to continue teaching, and after I retire to do teaching supply or agency work. ...
HSBC chairman Douglas Flint recalls the good, the bad and the scandalous image
....Douglas Flint has faced a number of calls for his resignation during his six years as chairman of HSBC. At last week’s annual shareholders’ meeting – his last – he was even asked whether he should be spending his retirement in jail. ...
The Great Recession hurt millions. Now, Republicans want to risk a repeat | Keith Ellison image
.... On top of that, it makes it easier for realtors and mortgage lenders to sell you into closing services that they actually control – essentially giving themselves a kickback. If you’re planning for retirement, financial advisers will also be able to put their interests before yours. ...
Hello Arizona   image
Source : BBC [Read Article] Thursday 4th of May 2017 11:27:10 PM
....Ascensus, a financial company headquartered in Pennsylvania that handles back-office operations for financial advisors, plans to open an office in Arizona this year with about 170 people and room for more. Chief executive Bob Guillocheau said the industry is in a good position, as the country ages and relies more on private accounts to pay for retirement, college and health care. ...
Lifetime ISA 'THREAT' to retirement income: How LISA could damage YOUR pension image
....A third of under-40s are set to cut the amount they invest into workplace pensions or leave the scheme altogether to save into the recently launched savings accounts, according to research from MetLife. It is feared the Lifetime ISA (LISA) could create a damaging 'two-tier' system for retirement, after providing an alternative means of saving for life after work. ...
Fears savers are being tricked OUT of gold-plated final salary pensions image
Source : Daily Express [Read Article] Thursday 4th of May 2017 11:49:00 AM
. Members of gold-plated Defined Benefit (DB) schemes, which offer guaranteed income for the duration of retirement, could be tricked into transferring into Defined Contribution (DC) schemes - where a savings pot remains invested - only to realise their limitations when it's too late. ...
'My parents want to help me but can't': readers on affording their first home image
....I work part-time as a barista and am chronically ill with a disability. I can’t rent privately as no landlord I can find wants someone “on benefits” and there are barely any have accessible properties that aren’t in retirement parks. ...
HSBC profits fall as bank bids to restore flagging revenues image
Source : BBC [Read Article] Thursday 4th of May 2017 06:19:35 AM
.... . One of Mr Tucker's first jobs will be to lead the hunt for a replacement for Mr Gulliver, due to retire in 2018. ...
How ‘Bank of Mum and Dad’ can help children buy home WITHOUT having to hand over cash image
.... "Parents who wish to maintain control over their savings may consider alternatives to simply handing them over, such as the Barclays Springboard mortgage or the Family Building Society Family Mortgage, where savings are offset against the mortgage as security but the parents get them back at a later date. "This can also be useful for retirement funding, ensuring parents aren’t left penniless in their old age. ...
Over 65s mortgage crisis: Debts to DOUBLE in 13 years image
Source : Daily Express [Read Article] Wednesday 3rd of May 2017 10:38:00 AM
.... . They will be more likely to trade up later in life and repay at least part of their mortgage using their retirement income or draw more to fund needs in later life. ...
Wealthy feel pinch of housing costs as one in four Australians face mortgage stress image
....”. Semi-retirees who moved to central coast NSW but are still exposed to large mortgages while their incomes were falling away were another atypical snapshot of those in financial distress, North said. ...
Are you set to lose tax relief on YOUR pension after this General Election?  image
. Calls for joined-up retirement policies have intensified after the Government last month introduced the Lifetime ISA. ...
Where oil rigs go to die image
Source : Guardian [Read Article] Tuesday 2nd of May 2017 04:30:18 AM
.... Winner achieved some fame, in 2010, for striking the year’s biggest find, a reservoir in the Norwegian sector that yielded many hundreds of millions of barrels. Hadar Liden had retired by then. ...
US budget: No cash for Trump's wall in budget deal image
Source : BBC [Read Article] Monday 1st of May 2017 06:26:01 AM
....Democrats also fended off potential cuts to Planned Parenthood, a family-planning group abhorred by social conservatives because it provides abortions. The 1,600-page spending bill reportedly gives retired coal miners $1. ...
I want to retire from teaching, but my wife won't hear of it image
Source : Guardian [Read Article] Monday 1st of May 2017 06:00:21 AM
.... An opportunity has arisen to work on a number of projects outside education and I know I would enjoy these despite the poor remuneration. However, my wife wants me to continue teaching and, after I retire, to do teaching supply or agency work. ...
Poorest face ‘double whammy’ if Tories ditch triple lock on pensions image
....5%. Chris Noon, a partner at leading pensions consultancy Hymans Robertson, said linking increases to earnings growth or inflation would, over time, erode the value of the pension and push larger numbers of people into poverty on reaching retirement age. ...
May vows to protect pensions from 'unscrupulous bosses' image
Source : BBC [Read Article] Sunday 30th of April 2017 03:59:09 AM
....Mrs May said: "Today I am setting out our plans, if elected, to ensure the pensions of ordinary working people are protected against the actions of unscrupulous company bosses. "Safeguarding pensions to ensure dignity in retirement is about security for families, and it's another example of the choice in this election. ...
Triple-lock: Call for pensions policy to be revamped image
Source : BBC [Read Article] Sunday 30th of April 2017 02:11:29 AM
....Labour pledges to keep the triple-lock. In his report for Royal London, Mr Webb proposed that the government retained the triple-lock for pensioners who retired before 6 April 2016. ...
Hero's legacy image
Source : BBC [Read Article] Sunday 30th of April 2017 12:07:14 AM
....Marketing specialist Marcos Machado, from TopBrands Consultancy, says Senna's tragic death while at the top of his game crystallised his image in the eyes of the public as a winner. Most sports stars eventually lose their appeal when they get older and retire. ...
Pensioners will carry on hoarding cash if state won’t step in image
Source : Guardian [Read Article] Saturday 29th of April 2017 04:00:03 PM
....A spokesman for the Organisation for Economic Cooperation and Development (OECD), the Paris-based thinktank, said last week that the answer for Britain was to means-test the basic pension. An alternative would be to design an income tax system specifically for the country’s 12 million pensioners; one that increases the tax burden for the third who have more than enough money to enjoy their retirement. ...
Martin Sorrell and the sunset of the superstar chief executives image
Source : Guardian [Read Article] Saturday 29th of April 2017 03:00:02 PM
.... Instead of the standard notice period of 12 months, it says he can terminate his service – or that the company can – “at will”. Sorrell may only own a few per cent of the company he founded – his stake and that of his family trust is currently worth £427m – but the idea of retirement couldn’t be further from his mind. ...
MPs say 'dominance' of big home-building firms must end image
Source : BBC [Read Article] Saturday 29th of April 2017 01:27:41 AM
....The committee found that smaller builders struggled to obtained land for development, as local authorities focused on large sites which only big companies could afford to take on. The Homebuilders Federation said: "We fully support the committee's call for measures to assist smaller builders, encourage new entrants and scale up specialist housing sectors, such as the retirement housing market. ...
Exchange rate fluctuation is MORE of a threat to expat’s pensions than losing triple lock image
. Many expats are already fearing that this could be dropped after the UK divorce from the EU is finalised, which could cost retirees as much as £50,000 over the course of two decades. ...
Buy-to-let slump benefits first-time buyers, plus the best broadband firms image
....Which? survey reveals best and worst UK broadband providers. Put just £40 a week aside to enjoy a happy retirement. ...
Pensions triple lock: what you need to know image
Source : Guardian [Read Article] Thursday 27th of April 2017 01:39:07 PM
....8%), which is equivalent to £35bn in today’s terms, or some £15bn more than under earnings indexation. At the moment the government plans to make people born after March 1961 wait until they are 67 before they qualify for the state pension age and those born after March 1977 retire at 68. ...
Theresa May weighing up cheaper 'double lock' for pensions image
Source : Guardian [Read Article] Wednesday 26th of April 2017 09:00:47 PM
....The Treasury would like to abandon the pledge. It was introduced by the coalition government to tackle pensioner poverty and prevent retired households from falling behind. ...
Even Trump's Twitter binges aren't enough to make it worth $11bn | Nils Pratley image
....It is understandable that Lloyds Banking Group feels the need to answer definitively the charge that its board and executives were complacent about fraud at the Reading branch of HBOS. The bank has appointed Dame Linda Dobbs, a retired high court judge, to examine whether Lloyds handled the matter properly and met its reporting obligations after buying HBOS in 2009. ...
Lloyds appoints ex-high court judge to review handling of HBOS fraud image
Source : Guardian [Read Article] Wednesday 26th of April 2017 11:03:08 AM
. Lloyds Banking Group has appointed a retired high court judge to investigate its handling of fraud at its HBOS branch in Reading. ...
Millions rethink their investment plans and move away from buy-to-let property image
Source : Daily Express [Read Article] Wednesday 26th of April 2017 12:01:00 AM
....New figures reveal that growing numbers of landlords are fleeing as their sums no longer add up. Millions of ordinary people who hoped to buy a rental property to underpin their retirement income have been forced to rethink their plans. ...
Most global investors recognise financial risk of climate change, report finds image
....But Hewson said there was still “enormous resistance” among Australia’s asset owners because they tend to “take a very short-term focus, and rely on short-term remuneration, so they won’t take a medium to long-term challenge on easily”. Hewson said asset owners tended to have a “herd instinct” and many people saving for retirement haven’t focused on the risk of a climate-induced financial crisis and exercised their concern through choice of fund. ...
Accountants Grant Thornton fined £2.3m over audit image
Source : BBC [Read Article] Monday 24th of April 2017 02:48:48 PM
....". The FRC said that the failings of GT, and the now-retired Mr Napper, in the audit of AssetCo's accounts were not deliberate or reckless and did not amount to dishonesty. ...
Pensioners’ election REBELLION: Demands for May to look at pension issue for UK's 5MILLION image
....The British Government has raised the pensions entitlement age to 66 for everyone by 2020 far ahead of European countries including Germany, Spain and France. In Germany the retirement age is to be increased gradually and reach 67 years in 2029. ...
The new status symbol: it’s not what you spend – it’s how hard you work image
.... The vast majority of Americans work because their survival depends on a wage. By contrast, Mayer, Immelt and Cook could retire tomorrow and still live very comfortably for the rest of their lives, with plenty left over to pass on to the next generation – their collective net worth is almost $1. ...
'You're hired Mr Happy' image
Source : BBC [Read Article] Sunday 23rd of April 2017 11:03:35 PM
....". While Mr Timpson has no plans to retire, it is his son James who now looks after the day-to-day running of the company. ...
What does the snap election mean for your finances? image
Source : Daily Express [Read Article] Sunday 23rd of April 2017 01:10:00 PM
....“However, Mrs May will be nervous about angering pensioners, whose votes will be crucial,” Selby adds. Tom McPhail, head of pensions policy at Hargreaves Lansdown, says plans to increase the state retirement age may also be put on hold: “There are very few votes to be won by telling 40-somethings they have to work for another year or two before they qualify for their state pension. ...
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. ...
Put just £40 a week aside to enjoy a happy retirement image
Source : Guardian [Read Article] Saturday 22nd of April 2017 06:00:06 AM
. The press is chock-full of stories about our impending financial doom in retirement. ...

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