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 ..
Continue reading...Friday, August 5, 2011
The Guardian (blog) 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 ...
Continue reading...Friday, August 5, 2011
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
Continue reading...Thursday, August 4, 2011
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. ..
Continue reading...Tuesday, August 2, 2011
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
Continue reading...Wednesday, July 27, 2011
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 ...
Continue reading...Wednesday, July 27, 2011
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 ...
Continue reading...Friday, July 22, 2011
Proactive Investors UK 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 ..
Continue reading...Wednesday, July 20, 2011
The Sun BAA fury at order to sell two airports The Sun FINANCIAL advisers and insurers were last night slammed for ripping off Brits looking to build up a pensions nest-egg. CONSUMER FOCUS said IFAs routinely switched consumers to pension products with "higher charges or higher risk". ..
Continue reading...Friday, July 15, 2011
O'Toole's FirstGroup 'welcome' sparks shareholder rebellion Scotsman A spokesman for Pensions & Investment Research Consultants (Pirc), the shareholders advisory group, expressed surprise over the rebellion, having only recommended that investors abstain from voting on the directors' remuneration report rather than vote ... and more
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Monday, August 8, 2011
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