BRITAIN’S pension pots are nearing a record high as savers benefit from a resurgent stockmarket. A typical pension’s value has risen steadily since the 2008 financial crisis, research reveals. The average fund has grown by 136 per cent since 2002, with younger generations benefiting the most. Workers aged 25 to 34...
Greek Prime Minister Alexis Tsipras has defended controversial new pension and tax reforms approved by parliament. The measures are needed to unlock further international bailout money, to be discussed at a meeting of Eurozone finance ministers on Monday. But they are deeply unpopular with Greek anti-austerity...
PENSION savers are ignoring EU referendum scare tactics and pumping more money into their retirement funds in the run up to June 23. They are brazenly ignoring Project Fear warnings of a financial slowdown if Britons vote to leave the European Union – because they do not think they are true. Sixty per cent of investors...
THE European Union is planning a power grab for the UK welfare state in a bid to take control of pensions, benefits and the minimum wage. Senior MEPs fear Brussels is planning a “social union” but legislation is being held back until after June’s referendum. Already plans for a common European unemonth by...