‘Pensions timebomb’ for Britain's middle-aged workers

Four in ten people aged 40 to 65 are unable to estimate their total pension savings at retirement. Just over a third of 60 to 65-yearolds questioned for the JLT Employee Benefits research do not know the size of their pension pot. And two thirds of 40 to 65-yearolds with retirement savings less than £250,000 still believe their pension pot will More...

by admin | Published 1 hour ago
By admin On Tuesday, October 17th, 2017
0 Comments

Lloyds braced as £600m damages trial set to start

Opening submissions are set to be given at the Royal Courts of Justice in London tomorrow, marking the start of a 14-week trial brought by the Lloyds/ HBOSShareholder Action Group. The group represents about More...

By admin On Monday, October 16th, 2017
0 Comments

PENSION WARNING: Fifth of final salary schemes at risk from downturn

Up to one in five FTSE 100 so-called defined benefit schemes would be at risk in a recession, according to research by Cardano and Lincoln Pensions. And consumer goods and services firms are the biggest worry, More...

By admin On Monday, October 16th, 2017
0 Comments

Vauxhall to cut 400 jobs at its Ellesmere Port factory by end of 2017

The car manufacturer, which has made the Astra at the Cheshire plant since 1979, said it faced “challenging market conditions and a declining passenger car market”.  The “voluntary separation programme” More...

By admin On Monday, October 16th, 2017
0 Comments

Are Britons falling out of love with car ownership?

GETTY Electric cars are growing in popularity Politicians around the globe have declared war on diesel cars in particular but also petrol, while the cost of insurance is driving younger motorists More...

By admin On Monday, October 16th, 2017
0 Comments

Monarch Airlines: Pension Protection Fund values its stake at zero

Aside from taking the stake in the airline three years ago, the pension fund lifeboat scheme also accepted a £7.5million loan note and £30million cash from the airline’s former owners, Switzerland’s Mantegazza More...

By admin On Sunday, October 15th, 2017
0 Comments

Britain's tax system is 'unfair and must be revised'

It says that Chancellor Philip Hammond should use next month’s Budget to reform the tax system, as it has become too complex because of successive bolt-on changes. ­ Royal London director of policy Steve More...

By admin On Sunday, October 15th, 2017
0 Comments

Pound V euro: GBP exchange rate against EUR surges amid Brexit deal reports

GBP/EUR is currently at around €1.124, up around 0.35 per cent from its starting levels this morning and over a cent higher than the low of €1.109 struck yesterday. Sterling continues to tear higher against More...

By admin On Sunday, October 15th, 2017
0 Comments

BITCOIN WARNING: IMF chief warns virtual currency could cause 'massive disruptions'

Christine Lagarde said cryptocurrencies like Bitcoin could give government-backed cash and monetary policy a “run for their money” in the future. She told CNBC: “I think that we are about to see massive More...

By admin On Saturday, October 14th, 2017
0 Comments

MPs turn up heat on Saudi Aramco rule change

Financial Conduct Authority chief executive Andrew Bailey insisted protections for investors would not be weakened, amid concerns that efforts to keep Britain open for business could dilute corporate governance More...

Most Popular Posts