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New pensions scandal is imminent unless MPs’ retirement fund is reformed

Business & Finance : Money

The Chancellor should use his Budget next week to avoid the next pensions scandal hitting millions of poor people – or, failing that, ensure MPs gold-plated retirement fund is calculated on the same basis. Government plans for inert...

Savers need £1.8m pension pot to match backbench MP’s salary

Business & Finance : Money

  Did you know that private sector savers would need a pension fund of £1,840,000 to generate sufficient income to match the £63,738 annual salary backbench MPs enjoy? No, neither did I. Worse still, perhaps, when considering how in...

Rousseff vetoes pension proposal

Business & Finance : Business Report

Brazilian President Dilma Rousseff has vetoed legislation that allows citizens to receive a higher pension at a younger age. ||| Brasilia - President Dilma Rousseff vetoed legislation that allows Brazilians to receive a higher pensi...

Pensions watchdog: Another BHS-style disaster could happen

Politics : Business Insider: Politix

The CEO of The Pensions Regulator (TPR) has told the Financial Times she wants the watchdog to have powers to veto takeovers involving distressed pension schemes to stop another under-funded pension disaster on the scale of BHS. TPR...

MPs will be given a chance to vote on Brexit — but it will be far too late make a difference

Business & Finance : Business Insider: Clusterstock

It looks like British MPs will be given the chance to vote on the Brexit deal Theresa May's government manages to negotiate — but it will be far too late to have a meaningful impact. The House of Commons will be asked to ratify any ...


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