Newspaper Briefing, including 'Bank of England will leave door open for QE …
Proactive Investors UK
Gold-plated pension pots, but only for those at top: Top executives in Britain will retire on pensions almost 30 times larger than their typical employees, according to a new study. The average executive on the main board of a FTSE 100 company in a …

In this second wave of crisis, the pain has to be shared
The Guardian (blog)
That's because, they say, at 50p so many of the highest earners dodge tax, or put extra into (state-subsidised) pensions, or stash their cash off-shore. Flat-tax rightwingers are plugging the weary old Laffer curve, claiming that the 50p rate brings in …

British leaders on holiday as economy teeters on the brink
Politics.co.uk
The government will remain "very firm" in the face of union strikes over public sector pensions, David Cameron has said. Former US president Bill Clinton is the latest politician to condemn the coalition's austerity drive. …

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Irish losses and mis-selling batter Lloyds – steer clear
MoneyWeek
The group also owns the insurance, investment and pensions firms Clerical Medical and Scottish Widows. Lloyds began in June 1765 as private bank Taylors & Lloyds in Birmingham, where it operated for nearly 100 years from a single office. …

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Newspaper Briefing, including 'S&P under pressure over US credit rating …
Proactive Investors UK
14 million workers to retire with less than their parents had: Up to 14 million workers will retire with far smaller pensions than their parents as the golden sunset gives way to a bleak dawn, a report has warned. After the publication of the study, …

Inchcape leads 250 higher in London
Finance Markets
Telecommunications company BT Group (LSE: BT) added 3.78 percent on a 2.6 percent gain in fiscal first quarter operating profit and after the UK government lost a bid to limit its liability for pensions for company employees, put in place when BT …

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Vedanta bosses clash with protestors over pollution and human rights
The Guardian
The pensions fund group also voted against the reappointment of several non-executives, who it claimed were not independent. It abstained during the vote to re-elect Navin Agarwal, the chairman's brother, because he apparently collected an £850000 …

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James Murdoch's Future at Stake as BSkyB Board Meets
New York Times
Pensions Investment Research Consultants, which offers independent advice to institutional investors, has advised BSkyB shareholders to urge that James Murdoch be replaced. “His relationship to the controlling shareholder clearly compromises his …

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London close: Footsie closes higher, despite afternoon sell-off
ShareCast
… the market after saying that the performance in its first quarter has been “satisfactory”. Shares fell 3%. Outsourcing giant Capita was in demand after the acquisition of the pensions administration and software business of NorthgateArinso for £27.5m.

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FTSE 100 climbs as US futures rise
Proactive Investors UK
The company said this morning that it has acquired the pensions administration and software business of NorthgateArinso for £27.5 million. Capita said that the deal will boost its existing pensions management and administration business Capita …

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