Savers will be offered pensions “with expensive, and confusing fees”, following a dramatic climbdown by the pensions minister, Steve Webb, over charges.
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Thursday 28 October 2010
Outlook So auto-enrolment into company pension schemes is here, although not immediately and there's a lot of phasing in to be done to get employers used to the idea. All the same, it is a pension reform idea with a dab more credibility than the carefully leaked, headline-grabbing figure of £140 for the basic state offering, which no one really believes will be affordable by the Coalition in this Parliament, if ever.
Tuesday 26 October 2010
Outlook So after all the nasties, those public sector jobs, the removal of child benefit from anyone earning top-rate tax (even if they're not that rich) and the rest, it's time to throw the public a bone or two. Step forward the Pensions minister, Steve Webb, with a bold (and carefully leaked) plan to bring in a flat-rate state pension of £140 for all... well, at least those with sufficient time as residents of this country to have paid a decent amount of tax and NI.
Monday 25 October 2010
The state pension could be increased to about £140 a week under Government plans to ensure everybody has a "decent" income in retirement.
Wednesday 25 August 2010
The row over the Government's "progressive" credentials and the fairness of the emergency Budget is blown open today with new research from the respected Institute for Fiscal Studies.
Thursday 05 August 2010
Almost a quarter of the UK population will be aged over 65 in 20 years' time, rising to over 40 per cent in some areas of the country, government figures revealed today.
Saturday 31 July 2010
Friday 09 July 2010
Outlook In announcing that final salary pension schemes will soon be allowed to increase pensions in line with the consumer price index (CPI) rather than the retail price index (RPI), the Pensions minister, Steve Webb, yesterday insisted that the former was a more realistic measure of the actual inflation experiences of pensioners. Maybe, maybe not, but let's not pretend this announcement has anything to do with that – the objective of this change to the rules is to ease the pension funding pressures on employers.
Thursday 03 June 2010
Simon Hughes, the Liberal Democrat left-winger, was on course last night to become the party's deputy leader.
Monday 31 May 2010
Sunday 30 May 2010
He has already had an election, a birthday, a new baby and a promotion to the Cabinet this month, but things are showing no signs of slowing down.
Friday 14 May 2010
Tories have secured all the key posts in the Home Office in a signal that David Cameron is determined not to give ground to his Liberal Democrat partners over law and order and immigration. The day after Theresa May was appointed Home Secretary, it was announced that her three most senior ministers would also be Conservatives. Nick Herbert became the Police minister, Damian Green the Immigration minister and Baroness Neville-Jones the Security minister.
Saturday 08 May 2010
Voters deserve a "good, stable government", Liberal Democrat leader Nick Clegg said today as he pledged to approach cross-party talks in a "constructive spirit".
Monday 29 March 2010
Sunday 14 March 2010
Thursday 10 December 2009
Gordon Brown today denied electioneering over the Pre-Budget Report, saying that benefits and pensions would continue to rise.
Richard Dawkins on babies with Down Syndrome: 'Abort it and try again – it would be immoral to bring it into the world'
Scottish independence: English people overwhelmingly want Scotland to stay in the UK
Isis threat: Cameron wants an alliance with Iran
Michael Brown shooting: Chaos erupts on the streets of Ferguson after autopsy shows teenager was shot six times – twice in the head
Bin bag full of cats' heads discovered near Manchester's Curry Mile
Disgusting, frustrating, but intriguing: how the country really feels about its politicians
- 1 Jeremy Clarkson 'does not see a problem' with his racist language on Top Gear, says BBC
- 3 London restaurant 34 creates champagne glass modelled on Kate Moss’ left breast
- 4 ALS ice bucket challenge co-founder Corey Griffin drowns, aged 27