Latest in Staff Pension Schemes
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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 2010Business - 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 BudgetBusiness - Financial Times - October 30 -
UK savings plans overhauled with planned pension tax changes
Advisers race to rethink approach after Rachel Reeves pledges to bring retirement pots under inheritance levy regimeBusiness - Financial Times - October 31 -
IRS increases pension and retirement plan contribution limits for 2025
2025 contribution limit for 401(k) plans is $23,500, up from $23,000 in 2024. IRA contribution limit remains $7,000.Top stories - CBS News - November 1 -
The union fight to resuscitate the Boeing pension is a battle over the American dream
The two sides remain far apart on the issue of the company pension plan.Business - MarketWatch - November 4 -
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 - November 8 -
Canadian pension fund buys UK airports operator for £1.5bn
PSP acquires AGS from Macquarie and former Heathrow investor FerrovialBusiness - Financial Times - November 13 -
The Papers: Labour to 'miss homes pledge' and 'pension megafunds' plan
Concerns over housing targets and plans to make councils merge their pension funds lead the papers.Top stories - BBC News - November 14 -
Reeves seeks scale to solve UK pension investment problem
Chancellor is trying to remove some of the inefficiencies from operating smaller local authority fundsWorld - Financial Times - November 14 -
Former Slovak President Andrej Kiska loses pension after fraud conviction
Slovakia’s presidential office says has stopped sending pension payments to former President Andrej Kiska because of his tax fraud convictionWorld - ABC News - November 14 -
Reeves must go bigger and bolder on local pensions reform
If the UK chancellor believes in the benefits of scale, it is not obvious why 8 is the magic numberWorld - Financial Times - November 15 -
Government could force pension funds to invest more in UK assets
Further measures may be taken if ‘megafund’ reforms fail to boost domestic investment, says pensions ministerBusiness - Financial Times - 6 days ago -
Winter fuel cut to put 50,000 pensioners into poverty next year
Government estimates reveal the impact of cuts to the winter fuel allowance, announced earlier this year.Top stories - BBC News - 5 days ago -
Pope warns the Vatican pension fund needs reform; employees demand transparency
Pope Francis is warning that the Vatican's troubled pension fund faces a “serious imbalance” and cannot guarantee future obligations without “urgent structural” reformsWorld - ABC News - 3 days ago -
Why do workers still yearn for a traditional pension over a 401(k)?
A closer look at the Boeing negotiationsBusiness - MarketWatch - Yesterday