New pensions disaster looms
Press Review 23 July 2004
Almost 20,000 current and former workers at car parts maker Federal Mogul in the UK could lose nearly half their retirement income because their pension fund will wind up with a shortfall of close to £875 million.
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Smith rejects CBI's pensions call
Press Review 20 July 2004
Pensions secretary Andrew Smith has dismissed the CBI's call for the retirement age to be increased to 70 in exchange for a more generous package.
Pensions industry issues warning
Press Review 20 July 2004
The National Association of Pension Funds has warned that the government's pensions legislation could lead to the closure of many more final salary schemes and result in the end of more modern kinds of pension provision.
Forum Brief: Pensions crisis
Policy Consultation 19 July 2004
Comment from the National Consumer Council, Counsel and Care, the Occupational Pensions Regulatory Authority and Age Concern.
CBI issues pensions warning
Press Review 19 July 2004
The CBI has launched a major bid to tackle the pensions crisis with key proposals including better employer schemes, a higher state pension and an increased retirement age.
CBI warns ministers of pensions crisis
News Article 19 July 2004
The CBI has launched a major bid to tackle the pensions crisis with key proposals including better employer schemes, a higher state pension and an increased retirement age.
Firms prefer final salary pension schemes
Press Review 12 July 2004
A survey will reveal this week that nearly two thirds of firms who have not yet closed their final salary pension schemes have chosen to retain them in some form.
Objections prompt Pensions Bill amendments
Press Review 7 July 2004
The Times reveals that ministers have bowed to business concerns and are set to amend the Pensions Bill.
Forum Brief: Pensions crisis
Policy Consultation 5 July 2004
Comment from the Association of Retired Persons Over 50 and Help the Aged.
Willetts warns on pensions crisis
News Article 5 July 2004
David Willetts has warned that Britain's pensions crisis is as big a threat as terrorism or global warming.
Willetts warns on pensions crisis
Press Review 5 July 2004
In a speech today, shadow pensions secretary David Willetts will warn that Britain's pensions crisis is as big a threat as terrorism or global warming.
Pensions black hole hits council
Press Review 1 July 2004
John Prescott is facing demands to plug a multi-billion pound black hole in council pension funds as the West Midlands revealed it is facing a £1.3 billion shortfall.
Ministers warned over pension costs
Press Review 28 June 2004
British firms will have to add millions of pounds to their pension funds under a new European Union directive that will demand tighter funding levels.
Final plea for Pensions Bill change
Press Review 24 June 2004
The British Venture Capital Association will today meet the Treasury in a final attempt to amend clauses in the government's Pensions Bill.
