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Who’ll Manage Your Debt When You’re Old?

It’s all very well thinking about managing your debt problems when you are in your twenties, thirties or forties, but who will help you manage your debt problem when you enter your twilight years, your seventies or your eighties? Do you want to worry about your debt problems when you should be spending time with [...]

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Pensions: Is your scheme affected by the switch to CPI?

The Coalition Government’s Emergency Budget announced that payments to retired public servants will now increase with inflation measured by the Consumer Prices Index (CPI) instead of the Retail Prices Index (RPI).

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Record pension deficit payments made by big firms

FTSE 100 company pension schemes have increased their longevity assumptions for their pensioners for the fourth consecutive year,” said Mercer. “On average, scheme members aged 45 are now expected to live nearly two years longer from retirement than a member currently aged 65.

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