#pensions

#pensions

Capita provides professional and outsourcing services in a number of different fields for the public and private sectors. It made 2.4bn in revenue last year, according to its latest annual report. After the hack in March 2023, it emerged Capita had left a pool of data unsecured online. Information apparently containing Capita data - including home addresses and passport images - began to circulate on the dark web.

Hundreds of NHS hospital workers have voted for strike action after claims that they have lost more than 36m in pay and pension contributions over the last four years. More than 330 low-paid workers, mainly cleaners, caterers and porters, known as facilities staff, at St George's, Epsom and St Helier hospital group (GESH) are preparing to go on strike.

The old age pension is set to rise by €10 in Budget 2026 1,000 additional childcare places Vat rate expected to be cut to 9pc for the building of new apartments and homes €500 cut in student fees expected Mental-health crisis teams to staff A&Es Unlikely to be any cut in cost of childcare

The old age pension is set to rise by €10 in Budget 2026 1,000 additional childcare places Vat rate expected to be cut to 9pc for the building of new apartments and homes €500 cut in student fees expected Mental-health crisis teams to staff A&Es Unlikely to be any cut in cost of childcare A €10 euro increase in core welfare payments will be announced in tomorrow's Budget, as talks go down to the wire.

One day, in early-August, just before 5 p.m., Marta Perez was seen begging for money. She was doing so under the relentless sun that was beating down on San Rafael Boulevard. With her finely-wrinkled skin, striped dress, short hair and very long nails, she was like an apparition on the streets of Havana. The 70-year-old was pushing her one-year-old granddaughter in a stroller.

The most infamous example of middle-income baby boomers seeking retribution for the loss of their accumulated wealth occurred in Germany in 2009, when a retired builder and his pensioner accomplice took their financial adviser hostage after more than 2m of stock market investments had crashed.

'It's an impossible situation,' says Paul Crone, director of the National Association of Principals and Deputy Principals, of indefinite strike action

The tax strategy papers published yesterday indicate a significant shift in approach to welfare and pension payments in light of the removal of once-off lump sum measures.

"Despite significant pushback from the industry, pensions will now form part of inheritance tax calculations," he said. "This places yet another burden on grieving families."

If we are serious about addressing the retirement crisis in America, corporations must be required to offer all of their workers a traditional pension plan that guarantees a monthly income in retirement.

Rachel Reeves is set to announce a planned overhaul of the pensions system, focusing on the adequacy of pensions for the self-employed and the state pension.

"I urge trustees to look now at how they are outcome-focused, building scale, are data-led and supporting savers into retirement."

Chancellor Rachel Reeves' support of the Mansion House Accord risks over 30 million UK pensions by directing funds to opaque, high-cost investments.

"The survey of over 2000 UK adults highlights a significant misalignment between perceived knowledge and actual understanding of pension schemes, especially among younger adults."

They will be informed in the coming days of the sums to be repaid, ranging from as low as €100 up to €30,000.

To lower the cost of defence and transport spending, the UK Government is considering reducing tax reliefs, particularly on pensions and inheritance tax, as suggested by tax experts.

Labour Party spokesperson Ciarán Ahern emphasized that this announcement reflects a significant breakthrough for over 2,600 CIE pensioners who have faced stagnant benefits for 17 years.

The decision to delay the 'My Future Fund' scheme impacts 811,000 workers, sparking disappointment from the Irish Congress of Trade Unions who cite ongoing government rollbacks.