TITLE

Contributions cap

AUTHOR(S)
Brockett, James
PUB. DATE
June 2007
SOURCE
People Management;6/28/2007, Vol. 13 Issue 13, p13
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports an announcement by the government of Great Britain that employees' pension contributions into the new personal accounts planned for 2012 are to be limited to £3,600 a year. The figure is intended to ensure focus on low earners and does not undermine existing company provision. The limit will allow a typical worker to build up a retirement income worth two-thirds of their salary.
ACCESSION #
25784735

 

Related Articles

  • UK pensions system seventh strongest in the world - Mercer report.  // Corporate Adviser;Nov2012, p6 

    The article discusses the Melbourne Mercer Global Pensions Index report which revealed that the retirement savings and income system in Great Britain is the seventh strongest in the world, despite 11 million employees not participating in workplace schemes. The report considered sustainability...

  • Pension check. Clarke, Chris // Lawyer;7/19/2004, Vol. 18 Issue 28, p25 

    Discusses the impact of a law aimed at simplifying pensions in Great Britain. Role of the law in making the future administration of pension schemes more straightforward; Effect on anyone who has the potential to accumulate a pension fund or pension rights of greater than the statutory lifetime...

  • Homestead finances: Retirement success. Walkup, Bob // Countryside & Small Stock Journal;Jan/Feb2004, Vol. 88 Issue 1, p105 

    Presents a quiz to determine the success status of a person's retirement plan.

  • Dollar for dollar. Lynott, William // Dermatology Times;Jul2009, Vol. 30 Issue 7, p106 

    The article offers information related to practice management. It discusses the difference between after-tax dollars and before-tax dollars, early investment to retirement plans, travel and car expenses. Moreover, it mentions that some types of assets can be classified as tax-inefficient and...

  • RU ready to rumble? MacKay, Billy // Money Marketing;6/8/2006, p38 

    The article comments on issues relative to RU64 in Great Britain. RU64 is related to the advice given on personal pensions in the run up to the launch of stakeholder pensions. It required advisers to consider whether a client would benefit from a switch from a personal pension to stakeholder....

  • MM Leader: Valid concerns over pension charge cap.  // Money Marketing (Online Edition);11/14/2013, p80 

    The article cautions against dismissing concerns about a proposed pension charge cap of 0.75-1 percent. It also warns that suggestions for all schemes to be rewritten and stripped of commission could result to unintended consequences for employers and their staff. It cites the results of an ABI...

  • Transition Management Will Drive Annuity Sales. Macchia, David // National Underwriter / Life & Health Financial Services;1/15/2007, Vol. 111 Issue 3, p17 

    The article focuses on the need for annuities during the transition management phase of retirement. It is inferred that the ten years before and after retirement needs annuities to provide downside protection under the accumulated retirement assets, because during this phase, the investor may...

  • YOUR TIME TOADD PENSIN VALUE IS RUNNING OUT. Couch, John // Pulse;11/16/2006, Vol. 66 Issue 43, p40 

    The article cites that general practitioners in Great Britain should apply for pension during their early years. Physicians who are interested in applying for pension should approach the pension officer. In case of delays or a more sudden closure, they would go in a rush of applications even...

  • Narrowing the Options. Manganaro, John // Plan Sponsor;Sep2015, p13 

    The article focuses on the Fidelity research project concerning the problems faced by retirement plan participants when given too many options and too little guidance. Topics covered include the percentage of workers who believe they can manage a retirement portfolio, the tendency of...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics