Latest in Pension Schemes Cut
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Reeves plans to use £350bn council pension pot to boost UK economy
Chancellor to set out reform to fragmented local authority funds in Mansion House speechBusiness - Financial Times - 4 days ago -
Why do workers still yearn for a traditional pension over a 401(k)?
A closer look at the Boeing negotiationsBusiness - MarketWatch - 51 minutes ago -
Italy’s scheme to offshore asylum claims should not be a model for the rest of Europe | Andreina De Leo and Marco Gerbaudo
Other leaders have expressed interest in Giorgia Meloni’s deal with Albania. But is it really a humane and effective strategy?. There’s much interest in the Italian prime minister Giorgia ...World - The Guardian - October 16 -
Why Giorgia Meloni’s Albania migrant scheme needs its own rescue boat
Also in this newsletter: The problem with heat pumpsWorld - Financial Times - October 21 -
Supervisor Andrew Do in Southern California Resigns and Agrees to Plead Guilty in Bribery Scheme
Federal prosecutors said that Andrew Do, an Orange County supervisor, enriched himself and his family with federal pandemic aid meant for seniors.Top stories - The New York Times - October 23 -
Derrick Henry off to historic start with Ravens: How Lamar Jackson, O-line and scheme have powered star RB
There's no slowing down for King Henry at age 30Sports - CBS Sports - October 23 -
Scheme to boost French school trips to Britain ‘at risk’ under new UK entry rules
Trade body for France’s travel industry reportedly writes to UK home secretary over concerns for programme’s future. A scheme designed to boost the numbers of French children able to travel to ...World - The Guardian - October 27 -
Cowboys' Trevon Diggs makes up with reporter, explains 2024 frustration and adjustment to new defensive scheme
Diggs made fun of his own "deez nuts" comment by gifting an actual can of Dee's NutsSports - CBS Sports - October 30 -
Second gambler admits trying to cash in on scheme involving ex-NBA player Jontay Porter
A Pennsylvania man has pleaded guilty in a sports betting scheme that ended Toronto Raptors forward Jontay Porter’s NBA careerSports - ABC News - October 30 -
Another bettor pleads guilty to wire fraud in gambling scheme involving ex-Raptors player Jontay Porter
Porter has been banned from the NBA for lifeSports - CBS Sports - October 30 -
New Jersey man pleads guilty in smuggling scheme intended to aid Russia's war effort
A New Jersey man who was among seven people charged with smuggling electronic components to aid Russia’s war effort has pleaded guilty to conspiracy to commit bank fraud and other chargesTech - ABC News - November 1 -
US judge returns lawsuit against Elon Musk’s $1m voter scheme to state court
Civil suit claims that tech billionaire and his Trump-supporting America Pac giveaway is illegal lottery. A federal judge on Friday denied an attempt by America Pac – the political action committee ...World - The Guardian - November 1 -
Scottish government facing £170m court case over axed bottle recycling scheme
Ministers could face a huge bill if they lose a legal fight over beleaguered bottle return plans.Top stories - BBC News - November 5 -
‘Rolling coal’: Dealers charged in $74 million scheme to help trucks bypass emissions controls
Prosecutors say the ring smuggled thousands of illegal devices that let diesel-truck drivers belch hundreds of times more pollution than allowed by law.Business - MarketWatch - 4 days ago -
Titans cutting Jamal Adams
Jamal Adams' brief tenure in Tennessee is coming to an end.Sports - Yahoo Sports - October 17 -
Controversial consulting firm fails to get approval for deal with Ohio teachers’ pension fund
A committee on the Ohio retired teachers’ pension fund board has decided not to move forward with the controversial consulting firm that has been the subject of News 5 investigations.Sports - Yahoo Sports - October 16 -
High-stakes pension plebiscite could turn Uruguay’s election in to its ‘Brexit moment’
On Sunday, Uruguayans will not only vote for a new president, but also a referendum that experts fear will cripple the economy. Uruguayans vote for their next president on Sunday, but the election ...World - The Guardian - October 25 -
New Lord Mayor to push pension funds to invest more in London-listed companies
Alastair King takes office in the Square Mile on Friday and says measure necessary to boost stock marketWorld - Financial Times - 4 days ago -
Bank of Canada resorts to jumbo rate cut as growth falters
Slowdown prompts shift to 50bp reduction, with rate-setters saying borrowing costs are likely to fall furtherWorld - Financial Times - October 23 -
OPEC extends oil output cuts
The OPEC bloc of oil-producing nations announced Monday that it will extend oil production cuts through the end of 2024, spurring a 2 percent increase in the price of U.S. benchmark West Texas ...Politics - The Hill - November 4 -
We’re 57, and our work is unpleasant and tiresome. We have $800,000 in 401(k) plans and $1.15 million in a pension. Can we just retire already?
Have a question about your own retirement savings? Email us at HelpMeRetire@marketwatch.comBusiness - MarketWatch - October 19 -
Interest rate cut hopes raised as wage growth slows
Expectations of a rate cut next month increase as pay growth slows to its lowest rate for more than two years.Top stories - BBC News - October 15 -
BBC to cut 155 roles from news operation
Broadcaster hopes move will save £24mn from budget, according to internal memo sent to staffBusiness - Financial Times - October 15 -
Reeves eyeing £40bn in tax rises and spending cuts
Filling the £22bn financial "black hole" would only be enough “to keep public services" still, she told a meeting.Top stories - BBC News - October 16 -
McKinsey Cuts Hundreds From China Workforce
The consulting firm is cutting back on state-linked clients and is working to separate its China operationsBusiness - The Wall Street Journal - October 17 -
Ministers complain to Starmer over spending cuts
Some Cabinet members are alarmed at the scale of cuts being sought to plug a rumoured £40bn gap.Top stories - BBC News - October 17 -
Titans cut safety Adams, honoring his request
The Titans released Jamal Adams, honoring the three-time Pro Bowl safety's request.Sports - ESPN - October 17 -
Trump Keeps Promising New Tax Cuts. Other Republicans Are Wary.
Former President Donald J. Trump’s costly tax agenda undermines the changes he signed into law in 2017. Some Republicans are wary.Business - The New York Times - October 17