Page 318 - Pensions News Today

Maintaining the triple lock on state pensions could add as much as £45bn to the welfare bill by 2050, putting “insurmountable pressure” on the government to increase the minimum retirement age, according to the Institute for Fiscal Studies. In a report published ahead of the release next week of official data for earnings growth, which will be used to set the annual increase in pensions, the IFS estimates spending on retirees could rise by a further £2bn from Apri...

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Calls for the Prime Minister to revive pre-Covid targets of cutting 90,000 jobs from ‘The Blob civil service to avoid an unfunded pensions disaster on the horizon.

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Disabled people and those with health conditions, who are currently being held back from improving their lives through work, will be better supported to realise their potential under Government p

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Saving for retirement is an important part of financial planning for most Americans. With pensions no longer in widespread use and Social Security simply not enough to cover retiree expenses, it's up to individuals to put aside money for their … Continue reading → The post How to Retire With $1 Million appeared first on SmartAsset Blog.

Chancellor Jeremy Hunt has admitted that there may be a blip in the August inflation figure, but is adamant the Bank of England's plan to reduce inflation is working

Gareth Davies, who heads the National Audit Office (NAO) said ministers must invest heavily in Government computer systems to avoid a crisis similar to crumbling concrete in schools

Labour Minister, Kazakh ambassador discuss the mutual recognition of contributions to pensionsThe Minister of Labour and Social Solidarity, Simona...