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When accountant John Timmis turned 65, he decided that the idea of stopping work and taking his state pension just did not add up. "I wanted to keep myself active and enjoyed what I was doing, so I saw no reason to stop," he says, sitting at his desk
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Pension firms that run "defined-contribution" schemes for employers will be scrutinised by the Office of Fair Trading (OFT). As many as nine million workers will be automatically enrolled into such schemes during the next five years. The OFT wants to
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S biggest firms were from Monday required to pay into pension schemes aimed at benefiting millions of workers, as the government struggles to finance the cost of retirement. "The biggest change in pensions for over a hundred years -- automatic
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The Canadian Taxpayers Federation (CTF) released new data today just in time for Labour Day showing the large gap between government workers' pension benefits and everyone else. The CTF again called on governments to freeze and convert their
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That company was Royal Dutch Shell, but many people will not understand why a company that made over £30 billion' worth of profit last year would also close its defined benefit pension scheme...Now, irrespective of how much profit Shell might have
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Steve Webb's 'bonfire of the regulations' will look at everything to do with pensions 'from the absolutely trivial to the huge'. Photograph: Murdo Macleod The government is planning to reinvigorate workplace pensions by conducting a "bonfire of the
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Understanding the emotional reactions to money and recognising why we do the things we do and often don't do with our money is leading to big changes in the way pensions are set up, both in the US and here in the UK. The study of emotional responses
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Suggested Topics Millions of people may be counting the cost of the Autumn Statement's freezing of most tax credit payments, but an important change to pensions announced last week could also hit their finances hard. Under pressure from business, the
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Published in Investing on 18 October 2011 One simple change could add £12.5 billion a year to pension pots. Standard Life ( LSE: SL ) is one of the UK's leading providers of life insurance, pensions and investments, with six million customers. Hence,
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Automatic enrolment into pension schemes could create an extra six million people saving, generating 12.5 billion annually to the retirement pot by 2017, research from Standard Life suggested today. The Keep on Nudging report, developed with
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