Pension Crisis

Hedge funds could regain the $2.7 trillion that had been gained prior to economic crash (Part Two) The Pimco fund manager Bill Gross is the face of the modern investor. His dubious fame came from being able to steer his $158 billion fund away from debt issued by governments such as the US, UK, Greece

It is envisaged that a total of 8% of a workers salary will end up in a NEST account with the employee paying 4%, the employer 3% with the last 1% coming from government tax relief. A major concern remains over the ability of small firms to pay the extra costs as the economic crisis

The changes to public sector pensions planned by the government have been roundly criticised by trade unions who claim that they will knock thousands of pounds off the incomes of workers. The TUC is an organisation that represents a total of 58 unions and are outraged at the fact that the government decided to switch

Announcement expected to remove the need for pension investors to buy an annuity A consultation that has been a long time coming is upon us and should announce that compulsory pension annuities are to be scrapped. Mark Hoban, the Financial Secretary to the Treasury is expected to announce proposals that will simplify the rules that

Nick Clegg claims that the current public sector scheme has to be cut because it is grossly unfair and overly expensive The deputy prime minister, Nick Clegg, said that public sector schemes are far too costly and they look certain to cut in the emergency budget. The Office for Public Responsibility (OBR) showed figures which

Read Part 1 Hedge funds could regain the $2.7 trillion that had been gained prior to economic crash The Pimco fund manager Bill Gross is the face of the modern investor. His dubious fame came from being able to steer his $158 billion fund away from debt issued by governments such as the US, UK,

It is natural for investors to be wary of the markets after a period of economic downturn. The “Credit Crunch”, and subsequent recession, has left a bitter taste for many. The news has been filled with stories of pension fund values plummetting, and pensioners losing large proportions of the savings that they have accumulated over

The pension landscape in the UK is facing a crisis – people are living longer, but too many people are not saving adequately for their retirement.  In particular, individuals on low-to-moderate incomes are not putting enough money aside for their retirement years. To encourage more of us to save for retirement the Government is changing