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James Salmon, This is Money 14 October 2009 Billed as the Government's answer to the UK pensions crisis, the 'Personal Accounts' savings scheme is designed to encourage those on low and middle incomes to save for their retirement. Full Article at This Is Money
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Town hall pensions are costing every household in England and Wales £281 a year - the equivalent of a quarter of their council tax bill, the Conservatives said. Full Article at 24Dash.com
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1. There is nothing wrong with working longer. I am 67, still working, and intend doing so until I am 70 and because of this I am not strapped for cash like I could have been. Full Article at This Is Money
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Outlook Less than a week after hosting a Conservative Party conference at which shadow Chancellor, George Osborne, pledged to raise the state pension age, Manchester Central today welcomes 1,000 delegates who will discuss nothing but pensions for the... Full Article at The Independent
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Flexible pensions allowing Britons to raid retirement pots in times of financial need could be introduced under Tory plans to boost saving for old age. Full Article at Guardian Unlimited
Related Quotes
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Town hall pensions are now costing every taxpaying household almost £300 a year - equivalent to a quarter of everyone's council tax bill going on pension costs, rather than emptying bins or cleaning streets. Local taxpayers simply cannot afford to foot an ever-growing bill. Under Labour, people are payi...
– Caroline Spelman SOURCE: 24Dash.com -
If we assume people still stop work at 65, a 58-year-old today set to retire in 2016 needs to save an additional £55 per month for the next seven years to produce a lump sum which covers the lost year’s Basic State Pension which he might not get until 2017
SOURCE: Birmingham Post -
The jobs crisis has not gone away and the economy remains very fragile.
