Tag: pensions

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Company pensions reform for savings of Britain’s workforce

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Company pensions reform could add £2.8trillion to the savings of Britain's workforce, report claimsThink-tank says auto-enrolment rules should be expanded to include all employees over 18 Plans would add £2.8 trillio...

Pensions crisis as one million women retire early due to menopause

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Pensions crisis is looming as nearly one million women retire early due to menopause symptoms, warns government adviserAndy Briggs said one million women left employment because of the menopause Mr Briggs is also the...

Pensions secretary Therese Coffey says no ‘snogging under mistletoe’

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No 'snogging under the mistletoe' says cabinet minister: Pensions secretary Therese Coffey tells Christmas revellers to keep their distance from each other in MORE mixed messaging from governmentSajid Javid was the f...

Pensions blow for millions as MPs kill off triple lock for elderly

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Pensions blow for millions as MPs kill off triple lock meaning elderly will only see a small rise in payment next year Millions will see only a small rise to their pensions next year after MPs last night rejected an ...

MPs urged not to suspend pensions triple lock when they vote today 

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'Don't make OAPs choose between heating and eating': MPs are urged not to suspend pensions triple lock when they vote todayMPs urged not to suspend pensions triple lock when they vote on the issue The mechanism ensur...

Peers could block Rishi Sunak’s plan to scrap pensions triple lock

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Peers could block Rishi Sunak's plan to scrap pensions triple lock in revolt over 'false' forecast on wage growthFormer pensions minister Ros Altmann will lead a push to amend legislation  MPs may have to vote again ...

Women’s pensions crisis as triple-lock promise is broken

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Women's pensions crisis: As triple-lock promise is broken, millions are left reliant on the state in retirement - and are being forced to fight for every pennyHad triple-lock not been scrapped, pensioners would have ...

Prime Minister hosts summit to thrash out green pensions plan

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PM Boris Johnson to meet pension and insurance bosses to thrash out plans to channel billions of pounds of retirement funds into 'green' projects Boris Johnson will meet pension and insurance bosses in Downing Street...

Sunak urged to drop pensions triple lock to avoid £4 billion payout

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Rishi Sunak is urged to drop pensions triple lock to avoid £4 billion increase to payments in autumn spending review that will seek to help UK recover from Covid pandemicThe Institute for Government said Conservative...

Rishi Sunak ‘could ditch triple lock for double lock on pensions’

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Rishi Sunak 'could replace state pension "triple lock" with a temporary "double lock"' to avoid paying a £7billion annual bill caused by spiking wage growth during the pandemicRishi Sunak 'considering temporarily dit...

Hands off our state pensions! Fears the triple lock faces the axe

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Hands off our state pensions! Fears are growing that the triple lock guarantee - a vital safeguard against pensioner poverty - faces the axeSafeguarding the triple lock was a Tory manifesto promise at the last electi...

Rishi Sunak suggests he could SCRAP pensions ‘triple lock’

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Rishi Sunak suggests he could SCRAP pensions 'triple lock' over fears increase could cost taxpayers an extra £3billion amid the Covid recoveryChancellor said concerns about the Government policy are are 'legitimate' ...

Chancellor Rishi Sunak to raid pensions for UK’s growth fund

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Chancellor Rishi Sunak to raid pensions for UK's growth fund: Treasury draws up plan to help boost economy The Government has held private talks over plans to channel tens of billions of pounds of pension money into ...

Retirees want £21,000-a-year but two-thirds may see pensions run out

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Could your pension run dry? Retirees want £21,000-a-year to spend - but two-thirds are warned their pension pots could run outMany people who retired during lockdown could end up hard up for cash Retirees need a pens...

DIY claims for mis-sold pensions could save you thousands in fees

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DIY claims for mis-sold pensions have a similar success rate as using a law firm and could save you thousands in fees, new figures revealThe FSCS has rejected 17.2% of applications from law firms since start of 2018 ...

Young women need to work longer than men to reach pensions equality

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The 37-year pension gender gap: Young women will need to work DECADES longer than men to reach pensions equality, report claimsWoman has to work 37 years longer than man same age to reach pension parity  Due to lower...

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