UK: Pensions — which way now?
FT.com (21.08.2015) George Osborne’s pensions revolution has given millions of retirement savers more choice than ever over how they gain access to their savings — but the chancellor might not stop there.
FT.com (21.08.2015) George Osborne’s pensions revolution has given millions of retirement savers more choice than ever over how they gain access to their savings — but the chancellor might not stop there.
allgov.com (17.08.2015) It has been a 12 months in the market for fossil fuel investors. Oil alone lost around $1.3 trillion. Public institutions that bent to the will of alternative energy supporters clamoring for divestment saved a lot of money.
London School of Economics (11.08.2015) What effect has the financial crisis had on pension systems in EU countries? Aaron G. Grech notes that prior to the crisis there was a significant divergence in pensions across the EU, with some states having relatively generous systems in comparison to others. He writes that following the crisis, southern European states have had to substantially cut back on pensions, while other states in northern Europe have remained relatively unscathed.
The Actuary (10.08.2015) Savers would prefer pensions to be taxed when they put money into them rather than when they withdraw it, according to a PwC survey.
Financlal Times (04.08.2015) The Swedish government’s plan to overhaul the country’s pension system has prompted condemnation from senior officials who fear the proposal will put the entire retirement framework at risk.
EurActiv(04.08.2015) Greece and its lenders discussing a third multi-billion-euro bailout deal have agreed that pension reforms will affect only those who retired after the end of June, labour ministry officials said on Monday (3 August).
newsmax.com (04.08.2015) U.S. state and local-government pensions are coming off their weakest investment performance in three years, weighed down by losses in international stocks and weak bond returns, according to data from Wilshire Associates Inc.
reuters.com (29.07.2015) A top New Jersey Democrat wants the federal government to create a low-interest loan program to rescue states with big public pension problems.
La libre (16.07.2015) La Chambre a approuvé jeudi en séance plénière après de longs débats parlementaires le relèvement de l'âge de la retraite à 67 ans. Le vote s'est déroulé majorité contre opposition. Seul le PP s'est abstenu.
CNN (16.07.2015) The Greek pension system is messy, convoluted and downright weird, giving preferential treatment to some workers like hairdressers, sausage makers and policemen, while penalizing farmers.