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OTPP Swaps Assets With Australia's MAp Group

Business & Finance : Zero Hedge

Via Pension Pulse. Sonali Paul and Narayanan Somasundaram of Reuters report, Australia's MAp agrees asset swap with Canadian fund: Australia's MAp Group has agreed to swap airport stakes with Ontario Teachers' Pension Plan to beef u...

Pensioners' income could fall 20pc if inflation-protection is cut, experts claim

Business & Finance : Money

  Millions of pensioners’ income could eventually be cut by nearly 20pc if – as feared – the Government cuts inflation-proofing of private sector schemes and index-linked annuities today, experts claim. About 1m savers with National...

New freedom for pension savers – and a chilling warning

Business & Finance : Money

Millions of savers with defined contribution or money purchase pensions are to be given more freedom to choose how they spend the money, rather than being forced to buy an annuity or guaranteed income for life. The government is exp...

UK to okay pension lump sums

Business & Finance : Business Report

British finance minister George Osborne will allow pensioners to cash in annuities in exchange for lump sums in his annual budget next week. ||| London - British finance minister George Osborne will allow pensioners to cash in annui...

Britain's government has abandoned a major plan that would allow pensioners to blow their cash on a Lamborghini

Business & Finance : Business Insider: Clusterstock

The government has scrapped landmark plans to let pensioners sell their annuities to insurance firms. An annuity is a common element of a workplace pension. It is a financial product that people buy at the end of their working lives...


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