Public sector government pensions will more than double in cost in the next 5 years, according to the Office for Budget Responsibility (OBR). Spending on public sector government pension schemes will increase from £4bn in 2010 to £9bn in 2015, the Office for Budget Responsibility (OBR) estimates. LibDem leader Nick Clegg has called some government pensions ‘unreformed [...]
Posts Tagged ‘Government Pension’
Cost of Government Pension Schemes to double in 5 years
Tuesday, June 15th, 2010Buy back Time to top up Basic State Pension
Tuesday, June 8th, 2010
Did you know that, with Class 3 contributions, you can buy back and ‘fill in’ missing years of National Insurance contributions, thus increasing the amount of your Basic State Pension when you retire? Just click on the headline, to read more.
Government pension review will add 2.5% to basic state pension
Friday, May 28th, 2010The government pension review confirmed this week will add at least 2.5% to the basic state pension from 2012. This will bring the basic state pension to over £100 per week for a single and £160 for a couple.
State pensions age could be 70, when pensions timebomb blows
Wednesday, May 26th, 2010
State pensions, soon to be re-linked to inflation, are likely to be more generous than before. There will be more pensioners drawing state pensions, but less workers funding each pension. It’s not rocket science. Something’s gotta give. Where will you be, when the pensions timebomb blows?
Company pensions for all in NEST pensions review
Monday, April 26th, 2010
Every UK company will soon be required to offer pensions to all employees, following the launch of the National Employment Savings Trust (NEST). However, employers who act now can still exempt themselves from NEST by setting up their own scheme.
Basic State Pension no longer meets needs
Wednesday, March 3rd, 2010Are you one of the 27% of people soon to retire, who will rely on the basic state pension as their main means of support? If so, then you could be receiving basic state pension benefits that currently stand at less than £5,000 a year.
Most UK companies need pension advice
Wednesday, February 24th, 2010
Over 90% of UK companies plan to seek pension advice as the NEST government pension scheme is rolled out. By setting up a NEST-exempt company pension scheme, employers can tighten control of their pension contributions, benefits and costs.
Changes in State Pension good news for pensioners
Thursday, October 29th, 2009The promised re-indexation of the basic State Pension to reconnect it to earnings should mean a substantial increase in government pensions after 2012.  The basic State Pension was linked to earnings once before, in the 1970s, but was switched to link to prices through the Retail Price Index in 1980. As earnings generally increase faster than inflation, the long-term [...]
Consumer must arrange his own insurances and pension – Government
Thursday, July 30th, 2009A new report by the Insurance Industry Working Group (IIWG), led by the Chancellor of the Exchequer Alistair Darling, encourages the consumer to act on his own initiative to arrange life insurance, critical illness insurance and private pensions provisions in the future.
About Us
Annuities
Blogroll
Financial Planning
- Avoiding Inheritance Tax
- Bankruptcy Advice
- Capital Gains Tax Allowance
- Chartered Financial Planners
- Corporate Financial Advice
- Credit Card Debt Management
- Debt Consolidation Advice
- Debt Consolidation Loans
- Debt Management
- Debt Management Plan
- Endowments
- Family Financial Planning
- Find an IFA
- IHT Exemptions
- IVAs
- Key Man Insurance
- Online Financial Advice
- Online Investment Advice
- Potentially Exempt Transfers
- Remote Financial Advice Service
- Unbiased Financial Advice
- Unsecured Debt Consolidation Loans
- What is Financial Planning?
- Will Writing Advice
- Writing Your Life Insurance in Trust
Investments
- Aegon Sterling Corporate Bond Fund
- Allianz RCM Global Eco Trends Fund
- Artemis European Growth Fund
- Artemis Income Fund
- Baillie Gifford Emerging Markets
- Cazenove European Fund
- Cazenove UK Growth Income Fund
- Ecclesiastical Amity International A Fund
- EIS – Enterprise Investment Scheme
- Ethical Investments
- Fidelity South East Asia Fund
- First State Investments Global Emerging Markets
- Fixed Interest Bonds
- Guaranteed Bonds
- Guaranteed Income Bonds
- Guaranteed Investments
- Henderson Global Care Growth A Fund
- Henderson Industries of the Future A Fund
- IM WHEB Sustainability Fund
- Impax Environmental Leaders Fund
- Income Bonds
- Invesco Perpetual Asian Fund
- Investec American Fund
- Investment Adviser
- Investment ISAs
- Investment Planning
- Jupiter Ecology Fund
- Jupiter Investments
- Lazard Emerging Markets Fund
- M&G Recovery Fund
- Managed Investments
- MetLife Guaranteed Investment Bond
- Mutual Funds Investments
- Octopus VCT
- Our Investment Portfolios
- Quadris Environmental Fund
- Stewardship Income Fund
- Stewardship Safeguard Optimiser Fund
- Trust Investments
- Unit Trust Investments
- Unit Trusts & OEICs
- Venture Capital Trusts
Mortgages
oneplan
Pensions
- AVC – Additional Voluntary Contributions
- Best Pension
- Best Performing Pension
- Cashing in Pensions
- Early Retirement Options
- Financial Advice on Pensions
- Pension Advice Process
- Pension Calculator
- Pension Contributions
- Pension Forecast
- Pension Lump Sums
- Pension Performance
- Pension Plan Calculator
- Pension Review
- Pension Services
- Pension Tax
- Pension Tax Relief
- Pension Transfer
- Pension Types
- Retirement Age
- Retirement Calculator
- Retirement Pension Forecast
- What is a Pension Plan?
- What is a Pension?
Personal Insurance
Savings
Sustainovation
Got a question? Ask us online
0800 678 5929
7 Racecourse Road,
Derry,
Northern Ireland
United Kingdom
BT48 7RB
Email: info@principlefirst.co.uk
Principle First Financial Services is a trading style of GMF Marketing Services Ltd. which is authorised and regulated by the Financial Services Authority. Principle First Financial Services is entered on the Financial Services Authority's register under reference number 409667.