Lloyds wins backing for CEO’s pension — but 10% of shareholders dissent

June 20, 2019
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Lloyds Banking Group, which was blasted this week by MPs for “boundless greed” over its bosses’ pay and pensions, has won approval from shareholders — though 10% declined to support the payouts The chairs of parliament’s business and pensions committees, Frank Field and Rachel Reeves, started questioning Lloyds on May 2 over the generous pension […]

June 9, 2019
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The increases of the state pension age could mean income protection holders face a gap in their cover of up to seven years, experts have warned. IP policies, which provide people with an income if they become too sick or injured to work, are often arranged with an expiry date — typically the age the client […]

May 13, 2019
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A third (33%) of drawdown investors would remain steadfast and never make changes to their investments no matter how much stock markets fell the just over two thirds (67%) who said they would be worried about stock market moves, markets would need to fall by 7.5% on average in a single day to spook investors […]

May 9, 2019
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On 6 April 2019 several pension and tax changes, outlined in last autumn’s Budget, came into effect. From increases to Auto Enrolment contributions, tax rates and the State Pension – here are five key things that may affect your pension in 2019/20. 1. State Pensions increase by 2.6% Both the basic State Pension and new […]

May 6, 2019
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Every year, people are forced to retire earlier than expected due to circumstances beyond their control. For the first time in UK history, there are more than 10 million people aged over 50 in employment.1 And with more people living longer and the State Pension age rising, the number of older workers is expected to […]

May 2, 2019
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On average, Brits work at 11 different jobs over the course of a lifetime, so it’s no surprise that many of us have lots of different pension pots scattered about. Combining your pensions brings those pots into one place, making it easier to manage your money and stay on top of your savings. Plus, combining […]

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