The public sector should pay more contributions to pension schemes, work longer, and get less back, according to new recommendations to government.
Posts Tagged ‘Final Salary Pension Scheme’
Public sector pension schemes may demand more from workers
Monday, October 11th, 2010BBC Pension Plan could define Public Sector pension schemes
Tuesday, July 6th, 2010Government pensions – review of costly public sector schemes
Tuesday, June 1st, 2010
How will the government pensions review affect you? Read more here
Company Pensions – ‘end of road’ for final salary schemes
Friday, May 28th, 2010Fifteen of the FTSE 100 companies now have company pensions liabilities that are greater than the equity market value of the company. Experts predict that this spells the end of the final salary pension scheme.
Personal pensions a priority as occupational pensions crisis continues
Friday, May 14th, 2010Marks and Spencer and the Wedgwood Museum are the latest to report crippling debts from their occupational pensions schemes. Employees must increasingly consider private pension schemes, as final salary pension schemes continue to shut down.
Pension schemes crisis deepens as costs of police pensions spiral
Wednesday, April 7th, 2010
The Confederation of British Industry (CBI) has called the current crisis in public sector UK pension schemes ‘unsustainable’ and said that time is running out for a shift from final salary pension schemes to more affordable pensions alternatives. The police pension scheme is the latest reported casualty.
Company pension schemes creaking under weight of deficits – PPF
Tuesday, February 9th, 2010
Three-quarters of final salary company pension schemes in the UK are now in deficit, potentially jeopardising the pensions provision of thousands of workers, according to the Pension Protection Fund.
Investors lose thousands by not reviewing investment portfolios
Monday, November 2nd, 2009Investors who fail to regularly review their funds investments are losing thousands by leaving cash invested in underperforming funds, a new report has revealed. The amount of cash in badly-performing so-called ‘dog’ funds has almost doubled in the past year, from £7.2bn on 31 December 2008 to £14.22bn at the end of September 2009. The [...]
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