Pensions
The Labour government is set to raid pensioners' pockets as it tries to plug a widening hole in the public finances. Work and Pensions Secretary Liz Kendall has announced a review of the state retirement age, which could see it rise to 68 or even 69. This decision comes
Pensions
The UK Government has announced it will review the state pension age, amid concerns that many workers are not saving enough for retirement. The current state pension age of 66 years old is expected to increase further, but the review aims to consider whether this is still an appropriate age,
Pensions
A major review into pension saving has been announced by Labour, amid concerns that today's workers face a higher risk of poverty in retirement. The review aims to encourage workers to save more money for their retirement, as experts warn that people looking to retire in 2050 are
Pensions
The British government's current pensions system is on course to create a "tsunami of pensioner poverty" unless overhauled, Liz Kendall, the work and pensions secretary, warned at the launch of an independent commission on the pensions system. The commission, led by Jeannie Drake, will consult with
Pensions
The Department for Work and Pensions (DWP) is warning that nearly half of working-age adults are putting nothing into their pensions, leaving them at risk of poverty in retirement. The government has decided to resurrect the Pensions Commission to tackle the barriers preventing people from saving for retirement. Experts warn
Pensions
Millions of workers in Britain are on the cusp of facing higher pension contributions as part of a Labour scheme aimed at tackling the country's crippling retirement savings crisis. The proposal, unveiled by Labour's Work and Pensions Secretary Liz Kendall, aims to rewrite the UK'
Pensions
Britain's stringent pension access rules are trapping many workers into decades of renting in retirement, with a quarter of employees expected to rent or pay a mortgage in their golden years. A report by Schroders and the Pensions Management Institute has revealed that countries on at least five
Pensions
The Department of Work and Pensions (DWP) has announced the revival of the Pensions Commission to examine the alarming trend of pensioner poverty and make recommendations for change. Automatic enrolment has reversed the decline in retirement savings, but the number of people saving for retirement remains a concern. The new
Pensions
The UK government has announced plans to resurrect the Pensions Commission, amidst growing concerns that today's workers are at risk of poverty in retirement. Experts warn that individuals approaching retirement in 2050 are expected to receive £800 per year less than current pensioners, highlighting the urgent need for
Pensions
The recent agitation by some serving officers of the Nigeria Police Force seeking to exit the Contributory Pension Scheme (CPS) in favor of the Defined Benefits Scheme (DBS) has sparked significant controversy and unease within security and policy circles. While the frustrations underlying these calls are understandable, they must be
Soldiers
The Delhi High Court has made a landmark ruling that upholds the entitlement of armed forces personnel to disability pensions, even if they were not posted on the front lines. The court dismissed 300 petitions filed by the Defence Ministry challenging the Armed Forces Tribunals order, which had granted disability
Soldiers
The Delhi high court has delivered a landmark judgment in favor of armed forces personnel, dismissing 300 petitions filed by the defence ministry that challenged the Armed Forces Tribunals order granting disability pensions to soldiers even when they were not on the front lines. The court held that disability pensions
