Page 389 - Pensions News Today

The French government on Monday survived a crucial vote of no-confidence in parliament called after Prime Minister Elisabeth Borne used an emergency clause in the constitution to ram an unpopular pension…

A much tighter than expected vote deepens the political crisis in France.

I think there is a basic principle there. but the reason why we brought this forward now is because of the particular pressure for senior public sector workers who we need to make sure we deliver some of the governments core priorities. hagar governments core priorities. how man of governments core priorities. how many of the _ governments core priorities. how many of the million _ governments core priorities. how many of the million people that have £1 million in the pension are public—secto...

Saying for months they wouldnt be much money for match because what has happened to the finances of the country, you found a few billion pounds to give some of the richest people in the country money towards their pensions. now why are you doing that when we are also as a country, people watching this programme, facing the biggest fall in living standards for decades and decades and decades? weill. in living standards for decades and decades and decades?— in living standards for decades and de...

It has had a lot of losses and unleashed a strategic review in the fall and laid off a lot of employees. there are issues around credit suisse and we have seen that us banks have also carefully manage their exposure to this company as well. its not a total suprise it is in this process right now. i think whats interesting is that the problem in the us banking sector have spilled up into the financial markets and destabilised the general state of banking and people given investors a lot of jitter...

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PARIS: France’s government on Sunday held its ground over a bitterly contested pension reform rammed through parliament without a vote, a day before...

So its not usually this quick, but at the same time were facing unusual and extraordinary times in the banking industry, where two national champions in switzerland are looking at a potential deal to merge. and so i think this is a moment where authorities and companies will get creative, as weve seen in the us financial crisis in 2008, the normal rules do not apply here. there have been further protests in paris against president macron�*s calls for reform to pensions. the government is facin...

Killed. the bbc world service is americas editor without report. there have been clashes in paris for the third mcgruddy as protests continue against president macron �*s reforms to pensions. robert has been piling up on the streets of the capital after workers joined piling up on the streets of the capital after workersjoined in the action. the government is facing motions of no confidence after pushing through its plans of raising the retirement age to 64 without a vote in parliament. protes...

Didnt have a majority of the people with him. >> i think for the president macron, i think he sees this as a real test of whether he could continue to modernize and reform france which is what he tied to do during his first term in office. reform is in his dna. that is what makes his president. he feels he could do things to try and change france, reform france in ways that havent before. but you only have to look back in history, you remember it was under jack shirac when they tried to reform p...