How to pay for pensions

Article Abstract:

The United Kingdom government plans to reform the pension system, and there are a number of issues which should be tackled. One serious problem is that a fifth of policies after discontinued in the first three years of pensions, and policyholders then face high charges. The Office of Fair Trading has questioned whether pensions should be sold with the assumption that the customer's employment will be continuous. Pensions do not need to be complicated. The can be sold by utilities, and there should be a clear message, that people should save a tenth of their income during a 35 year period in order to have a comfortable retirement.

Welfare reform

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Bosses given soft option

Article Abstract:

The UK Institute and Faculty of Actuaries was asked to make a recommendation on disclosure of executives' pension assets. The recommendation made has been criticized as a retreat. Transfer values of pensions do not have to be disclosed if there is enough information provided for shareholders to calculate the transfer value. Critics argue that this is a compromise, and that companies have exerted pressure in order not to have to disclose transfer values.

Compensation and benefits, Executives, Executive compensation

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A stake in your future

Article Abstract:

Opportunities offered by British stakeholder pensions are examined in detail.

Management, Personal finance

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