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Pension News

Keep track of ‘all pension schemes’ to boost retirement funds

Britons have been urged to keep track of all of their pension schemes to ensure that they are getting the most from their investment.
The majority of UK consumers will have multiple jobs during their lifetime, enrolling and contributing to … Read More…

Danny Alexander: Public sector pensions must be rebalanced

His comments came after the Telegraph revealed public sector workers will have to pay up to £3,000 a year more into their pensions to keep their “gold-plated” retirement schemes, ministers are to announce.
Mr Alexander said that the justification for … Read More…

Public sector workers will have to pay up to £3,000 a year more to keep their retirement schemes, it was announced today

Millions of doctors, nurses, teachers and civil servants learned how much extra they will have to contribute to their pension pots as ministers outlined the precise details of the shake-up.
However, 750,000 of the lowest paid will be spared from … Read More…

Pensions increase ‘unprincipled and unjustified

The second largest civil service union has described the Government’s consultation exercise on increases in contributions for employees in public sector pension schemes as ‘unprincipled and unjustified’.
Dai Hudd, Deputy General Secretary, said: “This consultation is a bogus and unprincipled … Read More…

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