Uncategorised

A PERMANENT Independent Pensions Commission could ensure consensus around long-term goals for the UK pensions system, the Pensions Policy Institute says.

THE PENSIONS BILL 2007 passed its second reading in the House of Commons yesterday following a four-hour parliamentary debate.

MPs' pensions cost taxpayers £20.5m a year - more than double the official estimate, latest research from John Ralfe shows.

HEWITT Associates has opened a new Edinburgh office in a bid to boost its investment consulting operations in Scotland.

CHILDREN should be taught personal finance and budgeting in school, the prime minister has said.

STRIKES at airports run by BAA have been called off after the firm backed down over plans to close its final salary pension scheme to new members.

MORE than 60pc of firms offering open final salary schemes expect to keep them open past the introduction of personal accounts, research suggests.

SWITZERLAND - Swiss trade union leaders have called for an urgent review of the country's pension arrangements, with specific mention of early retirement.

The department for work and pensions is "arrogantly milking" pension schemes due to its failure to keep regulatory costs under control, Gissings says.

New changes to council pension plans could create a "skivers' charter", a leading local government pension fund manager claims.