Tag Archive
2010
Age Concern
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Scrap MPs Pension Scheme, says columnist
Telegraph columnist Nina Montagu-Smith has called for the scrapping of Members of Parliament’s final salary pension scheme, which allows them to build up a pension of £8,000 pa after just 5 years in office. This equates the income an ordinary citizen could expect from a personal pension pot of around £250,000 Five years as an... »
Pensions information shortfall
The Pensions Regulator has said some defined contribution pension schemes were not briefing members properly on how to use the cash from their schemes to buy a pension – literature from 97 DC schemes showed that 30% were in breach of pension regulations, while a small minority of schemes, 6%, needed “substantial changes” to... »







