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High charges could prompt millions of savers to opt-out of the government’s flagship pension scheme for low earners, business lobbyists have warned.
added on 23/04/10 @ 06:43pm
Public sector pensions liability calculations are ‘completely artificial’ according to Unite which has hit out at criticism of unfunded schemes
added on 23/04/10 @ 06:42pm
A Liberal Democrat pledge to restrict pensions tax relief would accelerate the closure of defined benefit (DB) schemes, claims Towers Watson.
At the launch of his party’s manifesto the Lib Dem leader Nick Clegg (pictured) announced plans to restrict pe
added on 23/04/10 @ 06:40pm
The Conservative party has pledged to restore the link between the basic state pension and average earnings if elected, but has not given details about when it aims to make the change
added on 14/04/10 @ 11:30am
Labour’s decision to bring forward a rise in the basic state pension will cost £2 billion a year, according to Towers Watson.
added on 13/04/10 @ 05:09pm
The CBI has demanded public sector pensions be overhauled in a bid to contain a “trillion-pound burden on the taxpayer”.
It says unsustainable final salary models must shift to a more affordable system.
added on 06/04/10 @ 09:06am