Field rejoins pension war with proposal to pay out 7,000 pounds sterling each

Article Abstract:

Frank Field is shortly to launch his all-party Pension Reform Group's proposals for a new universal protected pension. This would be funded by increasing employees' national insurance contributions from 10% to 15% of income from the age of 25. Retirees would then receive a flat-rate pension equivalent to a third of average earnings.

Retirement Benefits, United Kingdom, Planning, Finance, Social policy, Pensions, Welfare reform

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Pay-protection insurers hit by stress epidemic

Article Abstract:

The growth in stress-related illness in the UK is leading to a strong rise in the number of claims made on income protection insurance policies. There is growing competition in this sector of the market, with insurers differing in their willingness to cover people in dangerous work.

Unemployment Insurance, Administration of Human Resource Programs (except Education, Public Health, and Veterans' Affairs Programs), Purchasing

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