Forced pensions face pay hurdle
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Three quarters of people in the UK welcome compulsory pensions but not if  they have to pay more, a study says.
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LONDON : Britain faces a huge pensions crisis which must be tackled immediately to avoid future generations of the elderly seeing their incomes slashed by around 30 percent compared with those nowadays, an official report warned.
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SHANGHAI  - Thousands of retired textile factory workers in an eastern Chinese industrial centre blocked traffic in a weekend protest over the failure of their pensions to keep pace with rising prices, officials and labour advocates said Monday.
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Final salary pension schemes' finances have been dented by the credit crunch, the Pension Protection Fund says.
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Millions must work longer or save harder to pay for the pensions blackhole detailed in an official study published tomorrow. At Â£57 billion the annual savings
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Britain faces a huge pensions crisis which must be tackled immediately to avoid future generations of the elderly seeing their incomes slashed by around 30 percent compared with those nowadays, an official report warned.
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If you've got a pension, you're in the minority of workers today. Here are some tailor-made tips for you.
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Social Security battle comes as both state and private retirement plans are shifting.
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Businesses employing Scottish staff who default on their personal debts face having to administer payments through the payroll from tomorrow.
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Unions consider strike calls over government plans to raise public sector workers' pension age.
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Work longer, save more, pay higher taxes or accept poverty in old age. That is the blunt message delivered by the long-awaited report of the Pensions Commission into Britainâs yawning pensions crisis.
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Prompt action is needed to fund pensions for the ageing US population, the head of Federal Reserve has said. Alan Greenspan told a Fed-sponsored symposium that workers face the prospect of either higher taxes or a raised retirement age.
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Guaranteed pension benefits hang like the Sword of Damocles over corporate earnings.
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British workers will have to save more and retire later to make up for a looming gap in pension savings, said the author of an official report being released Tuesday.
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BRITAIN cannot wait any longer for the government to take radical action to resolve the countryâs growing pensions crisis, ministers were warned last night.
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Leading economists say US taxpayers may have to pay for a pensions shortfall at the agency that protects pensions funds.
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Pension schemes may be forced to use more realistic assumptions about their members' longevity.