Finance News » Pensions

Company Pensions: Unilever Strikes

admin — Thu, 12 Jan 2012 12:14:17 +0000

In December the multinational goods company experienced a national strike after UK operations stated that they will be moving 5,000 of their 7,000 workers substantial pension scheme towards the middle of 2013. Leaving the outstanding 2,000 already signed up to the new arrangement, which was closed in 2008. Longer hours and increased income Unite, Usdaw [...]

Pension Strikes: Ministers Must Step In To Stop The Strikes

Rajan Chagger — Mon, 19 Sep 2011 18:00:09 +0000

It has been revealed by union leaders that the Scottish Government had the power to intervene to stop the first national strike by the nations teachers since the ones in the 1980s.

Scottish Education: Union Ballots Members On Strike Action

Rajan Chagger — Mon, 19 Sep 2011 16:00:13 +0000

The biggest teaching union in Scotland has agreed to ballot its members on strike action over the potential changes to their pension schemes.

Teacher Strike: Union Teachers Strike Over Pensions

Rajan Chagger — Mon, 19 Sep 2011 14:00:33 +0000

A one-day strike has been planned by members of the Welsh teaching union who have voted for the action to demonstrate against planned changes to their pensions.

State Pensions: Teachers Union Prepared to Strike

Rajan Chagger — Fri, 16 Sep 2011 12:00:26 +0000

Philip Dixon, director of the Association of Teachers and Lecturers Cymru, has issued a statement saying that a mass walkout of teachers would be “almost inevitable” if the Westminster Government “refused to negotiate” over the proposed plans to their pensions.

Stakeholder Pensions: U.S. Pensions Invest in Hedge Funds

Rajan Chagger — Fri, 16 Sep 2011 09:00:42 +0000

A federal auditor stated that while more and more companies are investing pensions into hedge funds, many pension fund trustees and administrators do not fully understand the nature of hedge funds or the true risk involved.

State Pensions: Dwindling Pensions Mean Later Retirement

Rajan Chagger — Thu, 15 Sep 2011 14:00:44 +0000

A new study by Baring Asset Management reports that 1 in 10 people – double from last year – say that they will have to retire between the ages of 66 to 70 to be able to make ends meet.

State Pensions: Britons Face Grim Outlook on Economy

Rajan Chagger — Thu, 15 Sep 2011 12:00:03 +0000

A recent survey shows that citizens of the UK are among the most pessimistic in the world when asked about their country’s economy.

Stakeholder Pension: Early Retirement For Over-50s

Rajan Chagger — Thu, 15 Sep 2011 09:00:52 +0000

A federal auditor stated on Wednesday that while more and more companies are investing pensions into hedge funds, many pension fund trustees and administrators do not fully understand the nature of hedge funds or the true risk involved.

Pensions: Corporate Pensions Show Improvement

A. Valesco — Wed, 14 Sep 2011 18:00:40 +0000

UKSIF (Sustainable Investment and Finance) says a recent survey shows a slight improvement in corporate pension funds with regards to responsible investment. This slight progress, however, does not indicate that corporations as a whole are gravitating towards sustainable investment, said the UKSIF. “A large number of corporate pension funds are still lagging behind the leading [...]

Stakeholder Pensions: Decision To Cause NHS-Wide Strike

Rajan Chagger — Wed, 14 Sep 2011 09:00:19 +0000

In anticipation of government negotiations regarding public sector stakeholder pensions, unions have planned an NHS – wide strike if such negotiations fail by autumn.

Retirement: Millions Will Be Forced To Rely On Children

Rajan Chagger — Tue, 13 Sep 2011 12:00:36 +0000

Martin Weale, an expert at the Bank of England, has predicted that millions of workers will be forced to rely on their children’s money to live after they retire.

Pension: Unclear Legislature Has Left Workers Avoiding Plans

Rajan Chagger — Mon, 12 Sep 2011 12:00:02 +0000

Experts have pointed out that the unclear way in which the system and charges of pensions plans is being set out has left many workers avoiding the issue all together.

Pension Reform: Agricultural Workers Impacted

Rajan Chagger — Mon, 12 Sep 2011 09:00:43 +0000

It is looking increasingly likely that negotiations involving the coalition government’s pension reforms will affect workers in the agricultural industry.

Private Pension: Auto-Enrolment Will Encourage Saving

Rajan Chagger — Sun, 11 Sep 2011 12:00:54 +0000

The Department for Work and Pensions has carried out research and revealed that more than half of employers and employees support the announcement of for auto-enrolment for future pensions which will come into play during 2012.

Private Pension: Workers Not Saving Enough

Rajan Chagger — Sun, 11 Sep 2011 09:00:30 +0000

A recent survey undertaken by pension and annuities website PensionCalculator.org has suggested that 80% of workers are not saving enough into their pension plans, even though they do not believe a state pension is sufficient to live on.