Pension’s Tips: It is said that people either “live too long or die too young”, and nowhere is this more typified than in the Construction Industry, where up to recently, both the safety record and thePension planning record had been nothing short of appalling.
On the one hand, the fatality and injury record of workers in the [...]
The most important financial decisions you’re likely to make in your life are those concerning your retirement. To have a secure future with a comfortable standard of living after you’ve stopped working, you’ll need to plan your finances carefully.Pensions are becoming more and more important as people now live longer into their retirement. Lifestyles have [...]
It has been revealed that up to 91% of final salary schemes cannot afford to pay out benefits, with the under-funded schemes carrying deficits of over £228 billion.The PPF takes around £700 million from companies every year, but this has proved too little and doesn’t cover its liabilities. The PPF has a deficit of around [...]
OVERVIEW:As the nation awaits the second actuarial evaluation of the National Social Security & Insurance Trust (NASSIT), a thorough analysis and understanding of the initial actuarial valuation report conducted by Canadian based actuarial firm Regie Des Rentes Du Quebec (RRQ) for the period ending December 31, 2004, is instructive in assessing the performance and future [...]
When the investment in your personal pension plan reaches maturity when you retire, you will need to transfer its accumulated value into a regular income for the remainder of your retirement. This is achieved through the purchase of a pension annuity - a seemingly simple and straight forward transaction that exchanges the final value of [...]
It is generally accepted that we have a retirement planning crisis in the UK. The recent stock market volatility is causing more pension problems, with £19bn wiped off the value of the top 200 defined benefit pension schemes in the first half of March alone. Around 25 million of us have defined contribution pension plans [...]
If you’re considering a pension transfer, then these tips could help you in the transfer process.1.Find an Independent Pensions Transfer AdvisorPensions law and regulation is so complex and changes so rapidly, that you really do need good advice when it comes to transferring your pension. An independent advisor isn’t tied to any particular product, and [...]
Detailed Description-Tokyo June 2nd, 2008 — Opalesque, the world’s largest subscription-based publisher covering the alternative investment industry, has launched the fifth issue of its acclaimed regional Roundtable scripts, the “Opalesque Japan Roundtable”.The Opalesque Japan Roundtable will be closing the 2008 coverage of the Asian hedge fund centers after having covered New Zealand, Australia, Singapore and [...]
Years ago trading was usually an activity carried out by wealthy individuals from families that had likely been wealthy for generations. It wasn’t uncommon for the corporations of old to be owned and controlled by the members of a single family. However, over time the markets began to accommodate institutions comprised of groups of investors. [...]
Retirement Blues: Current Financial Crisis Forces Billions to be Pulled From Pension PlansFor everyone who has a pension plan, last year was one of the worst financial years. The crisis sucked more that $5 trillion from retirement plans that are company-oriented. This affected markets in the United States, as well as in Japan, the UK [...]