Pension boost of £1,000 per year for workers under new plans from Chancellor
A TYPICAL earner’s pension pot could increase by more than £1,000 a year under radical new plans, the Chancellor has announced.Jeremy Hunt tonight announced new plans which could boost pension pots for BritsThe changes will increase the typical earner's pension pot by 12 per cent bringing a total boost by as much as £16,000 for those who save over the course of their career.
Leading pension firms will also commit to allocating 5 per cent of their assets into unlisted equities by the end of the decade. It comes as analysis shows that over a five-year period a saver with a pot of £10,000 could have lost £5,000 with a poor-performing scheme.
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Chancellor to unveil pension fund reform aimed at boosting growthJeremy Hunt will announce plans for industry and to grow the economy at Mansion House on Monday night.
Lire la suite »
Chancellor Jeremy Hunt speaks out against profiteering - as he points to reason for high inflationMr Hunt said the UK's economic resilience - such as the low unemployment rate and lack of recession - is one of the reasons inflation has remained high
Lire la suite »
Chancellor's 'Mansion House Reforms' set to increase pensions by over £1,000 a year and unlock billions in investmentChancellor Jeremy Hunt is set to promise 'evolutionary not revolutionary' reforms to get pension funds making billions of pounds of riskier investments in fast-growing firms to boost economic growth.
Lire la suite »
New calls to boost State Pension by £100 each month for older disabled peopleAn online petition is calling for a £25 weekly uplift to be added to Basic and New State pension payments.
Lire la suite »
UK plans to improve employers’ access to pension surpluses\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Lire la suite »
Small pension pots of under £1,000 will be automatically merged under new plans, minister saysSmall pension pots worth less than £1,000 will be automatically merged under Government plans to make it easier for people to keep track of their savings for retirement
Lire la suite »