Two professional associations for schools and college leaders, the ASCL and the NAHT have written a letter to the Prime Minister and the Chancellor warning them about the impact the pension cuts are going to have
Posts Tagged ‘Pensions’
Teachers Unions, ASCL and NAHT write to PM about pension cuts
Friday, June 10th, 2011Scots face poverty in retirement if they do not start saving more
Wednesday, June 8th, 2011Research from Scottish widows has revealed that thousands of Scottish people face poverty in retirement unless they act urgently to top up their pension.
Vince Cable booed by trade union activists as he warns he could create stronger rules on strikes
Monday, June 6th, 2011Business minister Vince Cable was booed by trade union activists this week after warning that increased strike action could lead to him introducing stronger rules regarding the walkouts.
Investors turn to pension contributions as number of higher rate taxpayers increases
Tuesday, May 31st, 2011An increase in pensions contributions is expected, after the HMRC released new statistics showing a 20% expected increase in the number of people who will be paying higher rate tax contributions next year.
Goldman Sachs reshuffles senior management
Wednesday, May 18th, 2011Goldman Sachs reshuffle their senior management set-up in a bid to repair customer relationships following the fall out of the global economic crisis.
Pension annuities review is a mixed blessing for pension savers
Tuesday, January 4th, 2011The purchase of pension annuities is no longer compulsory, leaving retirees free to retain ownership of their own pension savings. However, this may be a mixed blessing: tax may rise on pension savings left to the next generation – from the current 35% to 55%.
Pension Income : thousands miss out on pension credits
Friday, November 19th, 2010
Many thousands of pensioners are losing out on vital pension income by failing to take up their entitlement to pension credits. This could be costing them £34 per week. Read More
Savings kick in as cost of living spirals and pension income falls
Wednesday, November 17th, 2010
UK pensioners are increasingly forced to delve into their savings, as the rising cost of living has cut their pension income by over £700 a year, in real terms, since 2008.
New retirement age could cut pension income by £14,000
Tuesday, November 16th, 2010
The state pension age will rise to 66 by 2020, for both men and women. The extended working time could cost women in particular up to £14,000 in lost pension income.
Pension Advice – Do you know how much your employer pays into your pension?
Tuesday, November 2nd, 2010
The Department for Work and Pensions has said that 30% of those saving in company pension schemes do not know how the level of pension contributions paid into their scheme by their employer. Employers are under no obligation to contribute to their company pension scheme, although many do so as an incentive to employees. Read More
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