Excessively Generous Pensions

An excess of billionaires is destabilising politics – just as academics predicted

Politicians have always courted the wealthy, but Elon Musk and co represent a new kind of donor, and an unprecedented danger to democracy. The concept of “elite overproduction” was developed by ...

World - The Guardian - October 31

Maher: Harris has to prove she's not 'stealth version of the worst excesses of the left'

Comedian Bill Maher said Vice President Harris has to prove she’s not “a stealth version of the worst excesses of the left” in an interview that aired Thursday. “Kamala’s big, I think, challenge ...

Politics - The Hill - October 24

Ex-Kentucky officer convicted of using excessive force against Breonna Taylor

Brett Hankison is first Louisiana police officer at scene of raid that killed Taylor to be convicted. A federal jury on Friday convicted a former Kentucky police detective of using excessive force ...

World - The Guardian - November 2

Ex-detective found guilty of excessive force in deadly Breonna Taylor raid

A federal jury found former Kentucky police detective Brett Hankison guilty of using excessive force in the 2020 Kentucky raid which killed Breonna Taylor. Her death sparked police reform and ...

The great post-Budget pensions rethink

But there are several tools you can use to cut an IHT bill

World - Financial Times - Yesterday

Don’t bring back traditional private-sector pensions

They’re not good for workers and distract from the key issue: continuous coverage

Business - MarketWatch - October 16

A $23 Billion Pension Vote Is Overshadowing Uruguay Election

World - Yahoo News - October 16

Pension de-risking: the pitfalls for retirement savers

Bonds, traditionally seen as safe assets for pension pots, have been subject to huge fluctuations in recent years

Business - Financial Times - October 18

Pension fund use of ETFs surges in Europe

Institutional iShares assets under management have been growing at a compound annual growth rate of nearly 30% in the region, according to BlackRock

World - Financial Times - October 18

Auto-enrolment drives surge in ‘lost’ UK pensions

£31bn sitting in unclaimed, inactive or lost savings pots

Business - Financial Times - October 24

Pension plan a sticking point for Boeing machinists on strike

The union representing Boeing machinists has voted to reject the company's latest contract offer, extending a costly, weeks-long strike. CBS News' Kris Van Cleave and Kelly O'Grady explain what ...

The Papers: Reeves 'risks hurting pensioners' and shoplifting 'crisis'

Warnings ahead of Rachel Reeves' first Budget, and the soaring cost of theft from shops, lead the papers.

Pensioner barred from Butlin's weekday solo visit

Malcolm says he is upset as he and his family have been going to Butlin's for years.

Pensioner who was punched has '1% chance of survival'

Marcus Fleming, 21, appears in court after a 74-year-old man was attacked in Antrim on Saturday.

Barnier touches nerve with plan to trim French pensions

Prime minister’s money-saving proposal hits opposition, despite calls for more intergenerational fairness

World - Financial Times - 3 days ago

Jury convicts ex-Kentucky officer of using excessive force in Breonna Taylor raid

The 12-member jury returned the late night verdict after clearing Brett Hankison earlier in the evening on a charge that he used excessive force on Taylor's neighbors.

Is your air fryer spying on you? Concerns over ‘excessive’ surveillance in smart devices

UK consumer group Which? finds some everyday items including watches and speakers are ‘stuffed with trackers’. Air fryers that gather your personal data and audio speakers “stuffed with trackers” ...

World - The Guardian - 4 days ago

‘You got it or you didn’t’: the sweat, smoke and sonic excess of the indie scene pre-Britpop

A new photography book captures the ramshackle squats and grimy venues that were a playground for confrontationally uncommercial early-90s bands like My Bloody Valentine, Stereolab and Silverfish. ...

World - The Guardian - 4 days ago

Japanese official warns on ‘excess moves’ in yen after Trump win boosts dollar

Asian currencies under pressure following US election

World - Financial Times - 2 days ago

Biggest US public pension fund Calpers invests in UK’s Octopus Energy

California retirement fund among investors drawn to power company for its software and green focus

Business - Financial Times - October 14

Benefits, interest rates and pensions - how September's inflation figure affects you

The cost of living is always important but this month's has a particular extra impact for millions of people.

Swiss Government Proposes Sales Tax Rise to Finance Pensions

World - Yahoo News - October 16

Customers are withdrawing pension money over Budget uncertainty, warns AJ Bell

Wealth managers say speculation over UK tax changes is changing customer behaviour

Business - Financial Times - October 17

Pension funds warn being forced to invest in UK would be ‘huge mistake’

Industry fears having to buy lower-quality assets at unattractive prices after minister says ‘considering all options’

World - Financial Times - October 18

Boeing union members voting on contract, pension could be deal breaker

Boeing union members are voting on a new contract that could put an end to the strike that has lasted weeks in the U.S. CBS News senior transportation correspondent Kris Van Cleave has more on the ...

Should I take out my pension tax-free lump sum?

Investment firms report a rush of clients looking to withdraw cash before the Budget

World - Financial Times - October 24

Vote on lowering pension age to 60 jangles nerves in Uruguay

Public to decide on a union-backed reform that worries the government, economists and markets

World - Financial Times - October 26

Boeing Strikers Want Their Pension Plan Back, But It’s a Long-Shot Demand

A five-decade trend shows the number of workers on pension plans shrank by nearly 75 percent, making this contract objective unlikely.

Business - Inc. - October 29

UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing

Taxes rise as chancellor delivers the first Labour budget since 2010

Business - Financial Times - October 30

Closure of UK inheritance tax ‘loophole’ to penalise estates of wealthy pensioners

Experts say big tax bills could result from Rachel Reeves’ move in the Budget