Hints and tips:
...The desire for an “investment big bang” is also coming with looser caps on fees paid by defined contribution pension schemes, and a push for local government pension funds to set aside money to go into local...
...The union said it would be making no recommendation to its members on the package....
...UK life insurers and pension funds, which today manage nearly £3tn of assets, have been investing in the real economy for centuries....
...Rules that came into effect last year gave investors the freedom to spend as much or as little of their defined contribution pension funds as they wished, with no requirement to buy an annuity....
...No, it should not make any difference to customers or premiums in most cases, although analysts say prices in individual and bulk annuities could rise....
...Beijing has promised a Rmb100bn fund of “rewards and subsidies” to support official “resettlement” programmes by local governments and companies, but the details are unclear....
...This article from the Philadelphia Inquirer last month reports on a fundraiser for Mr Clarke held by John “Johnny Doc” Dougherty Jr., the powerful head of Local 98 branch of the Electricians union....
...No unfunded spending. No irresponsible extra borrowing....
...It benefits half a million firms, means a third of a million firms pay no rates and we’ll continue to fund it. I will also continue to cap the inflation-linked increase in business rates at 2%....
...Allianz, Europe’s biggest insurer by market capitalisation, says the plans give “no adequate answer” for some of its concerns....
...A recent series of letters in the FT on the Local Government Pension Scheme (LGPS) brings to the fore an issue the pensions industry has repeatedly tried to ignore: the scaling up of pension funds....
...“It could be regarded as an annuity supplement, held by a pension scheme or an individual investor,” says FCP’s marketing director Piers Denne....
...Last month Aviva sent me the last annual statement for my pension plan. The value of my protected rights fund was a splendidly-precise £60,310.35....
...all his state pension and at least 50 per cent of his occupational pension....
...I am planning to transfer my private pension which includes my protected rights into my local government pension to increase my years of service....
...Back to top Pensions Labour: - Introduction of a pension protection fund, supported by a pensions regulator, to pay out pensions when employers go bust, guaranteeing 100 per cent for pensioners and 90...
...It would need to be payable anywhere in the European Union. Peter Quinton, managing director of the Annuity Bureau, says you are too old for a new UK offshore annuity....
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