Avoiding the final salary pension trap
If you are on course to pick up a retirement income of £50,000 a year or more from a final salary pension then you may face the prospect of seeing a slice disappear because of daunting taxes.
Work and Pensions Committee to review final salary shortfall (Final Salary Pension).
Pressure is mounting on the Government to oversee a root-and-branch overhaul of Britain’s “final salary” company pension schemes as they register their biggest ever funding shortfall, now at almost £1 trillion, reports the Telegraph (Final Salary Pension).
Last Few Gold-Plated Final Salary Pension Schemes May Be About To Be Closed Down
Generous “gold-plated” pension schemes that were once readily available to British workers could be completely extinct outside the public sector within years, according to experts (final salary pension advice).