Friday, 26 May 2017
News with tag Pensions  RSS
Ford's ex-CEO leaves company with $51.1 million

Added: 26.05.2017 17:19 | 1 views | 0 comments

Ford's former CEO Mark Fields is leaving the company with an estimated $51.1 million in cash, stock awards and pension benefits.


Call to raise retirement age to at least 70

Added: 26.05.2017 13:10 | 8 views | 0 comments

World Economic Forum says the looming pensions crisis is the financial equivalent of climate change.


Pension Regulator website 'now fixed'

Added: 26.05.2017 8:48 | 10 views | 0 comments

A computer glitch had threatened to stop thousands of small businesses registering for pensions

Tags: USA, Pensions

A new code aims to clean up the foreign-exchange market

Added: 25.05.2017 15:49 | 0 views | 0 comments

FINANCIAL-MARKET traders have earned a pretty shocking reputation in recent years. From manipulating LIBOR, a benchmark interest rate, to rigging the daily fix of foreign-exchange (FX) rates, traders have shown themselves ready not just to stretch the rules, but to collude in outright illegality.
A global code of conduct for the FX market, unveiled on May 25th, aims to put things on a sounder footing. Drawn up over the past two years by a coalition of central bankers, known as the FX Working Group (FXWG), and supported by a panel of industry participants, the code’s 55 principles lay down international standards on a range of practices, from the handling of confidential information to the pricing and settlement of deals.
Such standards seem long overdue in the massive FX market. Roughly $5trn is traded every day (see chart). Many companies, pension funds and money managers depend on banks to hedge their exposure to currency fluctuations. Yet in the past traders colluded with one another...


Connecticut proposes wage freeze, higher employee share for benefits

Added: 24.05.2017 5:08 | 9 views | 0 comments

Connecticut Governor Dannel Malloy on Tuesday proposed a wage freeze and higher employee contributions to pension and healthcare while reducing the state's share, in a framework for an agreement with labor unions that could save the state over $1.5 billion by 2019.


Sears gets relief on debt, pensions

Added: 23.05.2017 17:17 | 1 views | 0 comments

Sears continues to work on turning things around.

Tags: Pensions

SFO to investigate pension liberation scams

Added: 23.05.2017 16:28 | 7 views | 0 comments

Investors who signed over their pension savings to rogue firms have lost at least £120m.

Tags: Pensions, Lost

Trump budget will slash Medicaid, food stamps programs: reports

Added: 22.05.2017 2:50 | 21 views | 0 comments

President Trump's first major budget proposal will include sweeping cuts to Medicaid, federal pensions and food stamps, according to new reports....


Republicans already giving Trump's budget cold shoulder

Added: 21.05.2017 23:48 | 13 views | 0 comments

Trump's blueprint for the 2018 budget year comes out Tuesday, and it's certain to include a wave of cuts to benefit programs such as Medicaid, food stamps, federal employee pensions and farm subsidies


Brussels wants Britain ‘to pay for its £55BILLION pensions pot’ after Brexit

Added: 20.05.2017 5:12 | 15 views | 0 comments

THE European Union wants Britain to contribute to its staggering £55billion pensions pot for decades after Brexit.


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