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Recession is reason for more workers delaying retirement - Workplace Law Network - Workplace Law

News  |  www.workplacelaw.net | 3 hours 36 minutes ago

The proportion of older workers planning to work beyond the state pension age has increased dramatically in the last two years, suggesting that the recession has shrunk pension pots, savings, investments and house values. The main finding from the Employee Outlook survey by the

http://www.workplacelaw.net/news/display/id/25155

Telent closes final salary pension scheme to existing members

News  |  www.telegraph.co.uk | 4 hours 41 minutes ago

Telent, a remnant of the old Marconi, has joined the growing list of UK companies closing their final salary pension schemes to existing members.

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/6646844/Telent-closes-final-salary-pension-scheme-to-existing-members.html

Japan Airlines proposes slashing pension benefits more than 40%

News  |  www.routesonline.com | 4 hours 45 minutes ago

Japan Airlines President Haruka Nishimatsu yesterday told former employees that the company's pension benefits must be cut significantly to enable it to become sustainable long-term. Posted 24/11/2009

http://www.routesonline.com/news/24/atw/53446/japan-airlines-proposes-slashing-pension-benefits-more-than-40/

Record number of older workers forced to shelve retirement plans ...

News  |  www.dailymail.co.uk | 5 hours 13 minutes ago

More than 70 per cent of workers aged 55 and above said the financial crisis has left them with no option but to shelve their retirement plans. More than 70 per cent of workers aged 55 and above said the financial crisis has left them with no option but to shelve their retirement plans.

http://www.dailymail.co.uk/news/article-1230563/Record-number-older-workers-forced-shelve-retirement-plans-financial-crisis.html?ITO=1490

 

Russia to put $0.7 bln pension cash in corp bonds

News  |  uk.reuters.com | 12 hours 18 minutes ago

MOSCOW, Nov 24 (Reuters) - Russian state bank VEB will invest 20 billion roubles ($695 million) from the state pension fund into high-rated corporate bonds by the end of the year, a Finance Ministry official

http://uk.reuters.com/article/idUKGEE5AN1YH20091124?feedType=RSS&feedName=rbssFinancialServicesAndRealEstateNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FUKBankingFinancial+%28News+%2F+UK+%2F+Financial+Services+and+Real+Estate%29

Sharp rise in number of people who plan to work past retirement age

News  |  www.personneltoday.com | 13 hours 7 minutes ago

The proportion of older workers planning to work beyond the state pension age has increased dramatically in the past two years, research has revealed.

http://www.personneltoday.com/articles/2009/11/24/53134/sharp-rise-in-number-of-people-who-plan-to-work-past-retirement.html

Why You Should Stick With Stocks

News  |  abcnews.go.com | 13 hours 11 minutes ago

Stocks must still play a central role in most investors' portfolio, especially when it comes to retirement planning.

http://abcnews.go.com/Business/stick-stocks/story?id=9157140

Manufacturers want retirement age kept - Recruiter

News  |  www.recruiter.co.uk | 14 hours 49 minutes ago

Most manufacturers believe the default retirement age should be retained to keep talent in the sector, according to a survey from talent management solutions provider CPH, and EEF, the manufacturers’ organisation.

http://www.recruiter.co.uk/manufacturers-want-retirement-age-kept/1003554.article

Pension funds hit by recession

News  |  www.fairinvestment.co.uk | 15 hours 40 minutes ago

Meanwhile, as a result of the recession, 23 per cent of people said that in the past year they have had to cut their outgoings to enable them to save enough for their retirement.

http://www.fairinvestment.co.uk/news/pension-news-Pension-funds-hit-by-recession-18470167.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+FairInvestmentCompany%2Fpension+%28Fair+Investment+Company+-+Pension%29

 

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