FRANCE - France's Socialist Party would oppose the creation of private pension funds if reelected in June's legislative elections, according to the party's manifesto published this week.
The manifesto signals a strong shift to the left in the wake of the fragmented voting of France’s left wing in the presidential elections.
Regarding pensions, all workers would be entitled to retire after 40 years’ contributions, even if not yet 60. The creation of US/UK-style pension funds would be blocked in favour of salary savings schemes administered by unions.
Trustees lack expertise, time and resources to develop effective communications on technical pensions issues and need professional help, a major review of the British Steel saga has concluded.
In this week's Pensions Buzz, we want to know if you think trustees should consult directly with members before agreeing to a DB superfund buyout.
Thousands of savers taking tax-free lump sums ahead of retirement are at risk of a pensions shortfall in later life due to neglecting their remaining pot, Zurich has warned.
Professional Pensions is looking to update its list of pensions master trusts in the UK ahead of authorisation. Can you help?