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Posts Tagged ‘United Nations’
Government pensions – review of costly public sector schemes
Tuesday, June 1st, 2010Company 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.
Ethical tax on financial transactions could fuel renewable energy
Friday, December 4th, 2009An ethical tax designed to raise up to 20 billion euros a year could be the key to funding renewable energy projects in the world’s poorer regions, according to proposals by the French delegation to the United Nations Climate Change Conference in Copenhagen next week.
The French concept of a ‘justice-climate’ plan could be funded by a tax on financial transactions, similar to that once proposed by the Nobel prizewinning economist James Tobin.
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