Leaked figures 'show pension gap'
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Britons are saving Â£57 billion too little for their retirement, according to figures leaked to a Sunday paper.
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Calstrs, the third largest US pension fund, faces a $23.1 billion funding shortfall and many other public pension funds may face similar gaps, the deputy chief executive of the third largest US pension fund said on Friday.
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One million more people face retirement without a pension than when Labour came to power, the Conservatives say.
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Falling stock markets and interest rates have wiped &pound;15bn off the value of UK company pension schemes so far this year, calling into question their investment strategies and reviving concerns about underfunding.
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Senator Edward M. Kennedy yesterday said he would press US pension plans to disclose proxy votes on the stocks they hold -- as mutual funds must now do -- in response to a government report calling for greater transparency in pensions affecting 100 million workers and $4 trillion of assets.
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WASHINGTON - The agency protecting pensions of more than 44 million Americans Monday reported a deficit of $23.3 billion, more than double last year&#39;s record-shattering $11.
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Britons are set to face some stark choices over their pensions with the publication of a new report on Tuesday. The Pension Commission&#39;s independent report is expected to warn that the UK population needs
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Britons are saving Â£57 billion a year too little to pay for the costs of retirement, a government-commissioned report is expected to warn today.
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The U.S. government should require clearer disclosure of hidden fees that erode the investment returns of millions of Americans' 401(k) retirement plans, said a senior lawmaker and pension experts on Tuesday.
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Â· Study of seven-year-olds shows wide gender gap Â· Conservatives accuse ministers of complacency
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Tens of millions of pounds have been overpaid through benefit errors or fraud, according to a new report.
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Nearly a quarter of workers retire early because of health problems, according to a survey released by Fidelity Investments yesterday, a finding likely to fuel a growing debate over how much Americans need to save for their retirement years.
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Maybe the conventional wisdom about private equity firms is wrong; more than half of all Americans receive their income from the government and more.
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Millions face poverty in old age without radical reforms, analysts expect a politically sensitive report on Britain&#39;s creaking pensions system to say today.
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Guaranteed pension benefits hang like the Sword of Damocles over corporate earnings.
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Pension plans may have lower investment gains when they use consultants who have undisclosed conflicts of interest, according to a new report.
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Private 401(k) retirement-savings plans have underperformed traditional company pension plans by one percentage point a year, according to a Boston College report released yesterday that found individual retirement accounts fared even worse.