One hundred and one personal pensions
Article Abstract:
There are more than 80 companies in the UK selling personal pensions and investors need to take their particular circumstances into account before deciding which company and scheme is best for them. Employers' pensions provide better value because employers also contrinute to the scheme, but they are not always available. Financial advice is necessary before joining a scheme. Investment performance is important, but high charges can erode returns from good investment performance. Flexibility is important especially for people likely to suffer interruptions in their income.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
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Town hall troubles mount
Article Abstract:
UK local government pension schemes are affected by a drop in the number of employees contributing to such schemes, while the number of pensioners is increasing. Pension contributions were reduced in the 1990s after a relaxation of minimum funding levels by central government. Staff were shed through early retirement during this period. The number of full-time local government employees dropped to 1.3 million in 1995 from 1.5 million in 1989.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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