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Will a large pay cut reduce my final salary pension too?

Will a large pay cut reduce my final salary pension too?

by The Baffled Entrepreneur | Jul 27, 2020 | Daily Mail News

The company is proposing a pay cut of 22%. I was wondering how this will affect my pension pot as I only have another four years of contributions left.
Coronavirus UK: Pandemic deaths cut £100bn off pension costs

Coronavirus UK: Pandemic deaths cut £100bn off pension costs

by The Baffled Entrepreneur | Jul 26, 2020 | Daily Mail News

The virus could wipe one year off Britons’ typical life expectancy. And because people may die earlier than expected, pension schemes will not have to pay out as much as previously thought.
Workers stack up ever more dormant pensions as they move jobs

Workers stack up ever more dormant pensions as they move jobs

by The Baffled Entrepreneur | Jul 24, 2020 | Daily Mail News

The UK workforce is forecast to have 27m inactive small pots by 2015, a number that a new study suggests will become unsustainable because of a double blow on charges.
Retired police offices say they’ve been spied on and accused of lying

Retired police offices say they’ve been spied on and accused of lying

by The Baffled Entrepreneur | Jul 22, 2020 | Daily Mail News

Around 13,000 former officers receive injury pensions that are paid on top of their police pensions These are paid for life – but only if an officer can no longer work owing to harm suffered in the job.
Government offers four ways to fix pension tax loophole

Government offers four ways to fix pension tax loophole

by The Baffled Entrepreneur | Jul 21, 2020 | Daily Mail News

Critics have long demanded action over a tax flaw which means some poorly paid staff lose payments into pension pots, depending on the type of scheme operated by their employer.
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