Tag Archives: retirement

For me, the costs firmly don’t outweigh the benefits. Let’s assume that you’re able to invest an extra £10,000 per year by living miserably now in hopes of a brighter future (bear in mind the average full-time salary in the UK is around £35,000 and that’s before tax). The S&P …

11 August 2023 Norton Rose Fulbright To print this article, all you need is to be registered or login on Mondaq.com. When calculating the future pension losses for a successful claim for unfair dismissal, the Employment Tribunal ruled in Jhuti v Royal Mail Group that it was …

ACA’s 2021 pension trends survey, which received 212 responses from employers covering 400 schemes, found 21 per cent expressed interest in exploring CDC for their own companies, while more than half (54 per cent) backed extending CDC beyond the Royal Mail scheme, which is expected to launch next year. Support …

Royal Mail to offer additional contributions for CDC scheme lump sum … Royal Mail to offer additional contributions for CDC scheme lump sum … Source link

Speaking at a Work and Pensions Committee hearing on Monday, Opperman also said that his ambition was to allow transactions on the pensions dashboards in the long term, along with costs and charges, while the state pension will be shown from launch.  Further dashboards regulations can be expected “early in …

Rogue company bosses who put staff pensions at risk will be targeted “with the full force of the law”, the pensions minister has vowed. Writing for the Telegraph after the Queen’s Speech, Guy Opperman has promised chief executives who break the rules on pensions will “have nowhere to hide” as …

Ten of the largest pension schemes in the UK have written a joint letter announcing their support for the Cost Transparency Initiative (CTI). The schemes endorsing the strategy, which includes the Royal Mail Pension Plan, Nest and the Universities Superannuation Scheme, represent over 19 million members who have more than …