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Embattled NHS boss Sir David Nicholson plans to retire next year, with a pension pot worth almost £1.9 million. The NHS England chief executive officer, whose basic salary is £211,000, will step down from his role next March. Campaigners called for
3 December 2012 One in ten families are millionaires if they include assets such as their homes and their pension pots, official figures revealed yesterday. The figures, from the Office for National Statistics, show the huge wealth of the top 10 per
An annuity pays a guaranteed income for life and is mainly used by those with private pension policies when they convert their accumulated funds into income. Annuity rates determine the amount of pension income that can be bought with this private
23 June 2012 One of the top officials running the Queen's vast property empire is getting a payoff of nearly half a million pounds. Crown Estate director Christopher Bourchier has been handed a compensation package of more than three times his 145,
People with defined contribution pension schemes have lost an average £1,300 in likely retirement income in the last six months, a firm has said. The actuaries Alexander Forbes, who calculated the figures, blamed the drop on falling share values and
43,000 jobs lost, but bank boss exits with 5million Last updated at 12:52 AM on 24th September 2011 The boss of a bailed-out bank will retire on Friday with a 5million pension pot. Eric Daniels was ousted from Lloyds in March but has been on the pay
100 bosses who have amassed pension pots of 1m Last updated at 12:22 AM on 5th September 2011 Ofsted's chief inspector Christine Gilbert retired with a pension pot of 1.9million More than 100 quangocrats have amassed golden' pension pots worth in
This is remarkable considering the country is running its biggest ever fiscal deficit. It seems that in the West, racked by debt, Britain has emerged as something of a haven, at least for the time being. This is good news for government finances, but
Heathcliff O'Malley/Rex Features The Channel 4 chief executive, David Abraham, received a pay packet of £528,000 for seven months last year, including a six-figure bonus, while former sales chief Andy Barnes walked away with a £2.6m pension pot.
The one-off payment received by Boyd Tunnock took his total remuneration to £615,193 in the year to 28 February compared to the £149,179 received by the highest-paid director the previous year, although that figure referred to a different director.