Latest in Paying Staff Pensions
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315 items
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Kensington and Chelsea council to stop paying into staff pensions
Move comes as cash-strapped local authorities are expected to reduce contributionsFinancial Times - 10h -
Grangemouth refinery staff sent redundancy letters
Scotland's only oil refinery is set to close by the summer with the loss of more than 400 jobs.BBC News - 9h -
USAID staff will be put on leave starting on Friday
The agency has become a focus of the Trump administration's efforts to cut government spending.BBC News - 18h -
UK state-backed pension fund pledges £5bn to Australia’s IFM
Nest makes one of the biggest-ever private market commitments by British pension schemeFinancial Times - 1d -
Purges at FBI, DOJ trigger 'battle' for career staff
The Trump administration has removed dozens of Department of Justice (DOJ) and FBI officials and is eyeing firing perhaps thousands more in an unprecedented purge that may just be getting started. ...The Hill - 1d -
Who is Susie Wiles, Trump’s chief of staff?
President Trump's Chief of Staff Susie Wiles is the first woman to ever hold the crucial White House post. Wiles was Trump’s co-campaign manager during his 2024 bid to regain the presidency. Before ...NBC News - 2d -
England’s councils expected to cut contributions to staff pensions
Local government scheme is in surplus by £85bn, according to consultant IsioFinancial Times - 2d -
Will you spend your pension before Rachel Reeves does?
The £40bn impact of the inheritance tax shake-up will prompt more families to spend or gift the moneyFinancial Times - 4d -
Defined benefit pension reform ‘unlikely to be silver bullet’ say trustees
UK government argue that funds should release surpluses back to companies for investmentFinancial Times - 4d -
UK pensions tax changes to bring in ‘more than £40bn’ before 2045
Longer-term estimates predict the measures could bring in £3bn a year by 2043Financial Times - 5d -
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Sources: Wilks to join Glenn's staff as Jets DC
Steve Wilks, who ran the Niners' defense in 2023 and was head coach of the Cardinals in 2018, has agreed to become the Jets' defensive coordinator, sources told ESPN.ESPN - 6d -
Barclays tells staff to come into the office more
The bank is the latest company to make changes to its working-from-home policy.BBC News - 6d -
Chile approves major pension reform after decade of deadlock
Low payouts were one of the reasons protesters took to the streets in 2019Financial Times - Jan. 29 -
Pagano unretires to join Harbaugh's Ravens staff
The Ravens' John Harbaugh lured former Colts coach Chuck Pagano out of a four-year retirement to join his staff as a senior secondary coach in an effort to improve Baltimore's inconsistent pass ...ESPN - Jan. 29 -
Pension shake-up plan aims to boost growth
Restrictions on surplus cash in pension schemes could be eased to get more money into the economy.BBC News - Jan. 28 -
UK to give businesses greater access to pension scheme surpluses
Sir Keir Starmer’s plan is intended to drive investment by companies and boost economic growthFinancial Times - Jan. 28 -
CDC staff ordered to cut off communication with WHO
The directive to the CDC to halt communications with the World Health Organization was imposed to comply with President Trump's executive order.CBS News - Jan. 27 -
UK insurers set for record £70bn of pension transactions
Pension consultants WTW says improved funding positions have made bulk annuity deals more attractiveFinancial Times - Jan. 27 -
Reeves seeks to unlock billions from UK pension schemes for investment
Ministers set to allow companies to access defined benefit scheme surpluses to help kick-start growthFinancial Times - Jan. 26 -
My 73-year-old relative is being charged a 50% penalty for failing to take his pension distribution at 70. Is that legal?
“According to the Secure Act 2.0, the age for taking the RMD is 73.”MarketWatch - Jan. 25 -
Landslide election cost £52m in staff turnover payments
Parliamentary standards body says the last election saw an "almost-unprecedented" staff turnover.BBC News - Jan. 23 -
TikTok owner asks Chinese staff in Singapore to pay taxes to Beijing
ByteDance’s missive comes as China steps up enforcement of global tax collectionFinancial Times - Jan. 22 -
Applying UK inheritance tax to pensions ‘risks delays and higher costs’
Advisers call for rethink of how Treasury imposes planned extension of IHT to retirement fundsFinancial Times - Jan. 22 -
Hochul orders flags to full staff for Trump inauguration
New York Gov. Kathy Hochul (D) has ordered all flags in New York state to be risen from half-staff to full staff on Monday for President Donald Trump’s inauguration. Flags across the country are ...The Hill - Jan. 20 -
Council giving out free air fryers to 6,000 pensioners
North Lincolnshire Council is providing the appliances to help people reduce their energy bills.BBC News - Jan. 19 -
Crypto in your pension? It’s not going to help.
U.S. state and local pension funds are looking at speculating on cryptocurrencies to solve their funding crisis.MarketWatch - Jan. 18 -
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Sharia pension funds swell amid returns boost
Funds outperform their default peers over the past decadeFinancial Times - Jan. 17 -
Sources: Belichick adds 2 veteran coaches to staff
Bill Belichick continues to fill out his coaching staff at North Carolina, as longtime NFL special teams coach Mike Priefer and veteran SEC offensive line coach Will Friend are expected to finalize ...ESPN - Jan. 16 -
Tips for paying off debt
With nearly half of Americans carrying credit card balances month-to-month, CBS News business analyst Jill Schlesinger provides tips on how to pay down debt.CBS News - Jan. 16 -
UK councils say government ‘can’t have it both ways’ on pension reform
Town halls in England and Wales warn that requirement to take ‘principal advice’ from pools could create conflict of interestFinancial Times - Jan. 16 -
New French PM opens door to rolling back Macron’s pensions reform
François Bayrou’s offer to review law comes as he seeks allies to help pass deficit-cutting budgetFinancial Times - Jan. 14 -
Pension managers urge UK to ditch ‘megafund’ scale test
Ministers say consolidation of retirement schemes would cut costs and boost investmentFinancial Times - Jan. 13 -
Your new year pension tidy up could drag on until spring
Why is it so difficult to transfer your retirement savings to a new provider?Financial Times - Jan. 10 -
Can Susie Wiles, Trump’s Chief of Staff, Survive?
As Ms. Wiles heads to Washington, the view in Trump World is that the president-elect’s closest aide and veteran strategist has a better chance than anyone.The New York Times - Jan. 9 -
Trump pays respects to President Carter
President-elect Donald Trump and his wife Melania paid respects to President Jimmy Carter as he lies in state at the U.S. Capitol.NBC News - Jan. 8 -
'I can't get divorced as I can't get my pension valued'
Divorcing teachers say they are living in limbo waiting for pension valuations to be calculated.BBC News - Jan. 8 -
How much sick pay is too much sick pay?
The contrasting cases of Germany and the UK are revealing about policy trade-offsFinancial Times - Jan. 7