Pension scheme trustees are also interested, given the most common example of a pensions scam is the opportunity to transfer
pension savings from an HMRC registered occupational pension scheme to another registered arrangement.
• James Hall in the Daily Telegraph says the government is considering a plan to allow people to protect
their pension savings from falls in the value of the stock market.
Not exact matches
Important factors that could cause actual results to differ materially
from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting
from cancellations, deferrals, or reduced orders by their customers or
from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations
from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover
from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on
pension plan assets and the impact of future discount rate changes on
pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition
from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost
savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services
from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and
savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13)
pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal
from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
With the shift
from pensions to individual
savings, gone are the days when many retirees could rely on a regular check when they retire — and as many as half of all workers lack access to employer - sponsored retirement accounts at all.
Estimate how much income you'll get in retirement
from all available sources, including Social Security,
pensions, 401 (k) s, IRAs, other retirement accounts and your
savings.
Expect payouts
from Canada
Pension Plan (CPP) and Old Age Security (OAS) to give you a leg up, but there will most likely be a gap to cover
from your own
savings.
While income
from pensions and individual
savings programs designed to provide retirement incomes are obvious inclusions, the appropriate way to treat housing and other forms of non-pension wealth is less obvious.
They allow lower and middle income families to shield their retirement
savings from high rates of taxation and clawbacks of public
pensions, leveling the tax «playing field» compared to high income families with access to many tax - planning strategies.
The term «
pension income» refers to income that arises
from both DB and DC
pension plans, as well as annuities and RRIFs that arise
from RRSP
savings.
And indeed,
pension - fund
savings did fuel a stock market run - up
from the 1960s onward.
Although the amounts differ in each country, retirement income typically comes
from three sources: government programs, employer - supported
pensions, and individuals»
savings.
With
pensions, as with cemeteries, we have chosen to switch
from pay - as - you - go funding, combined with direct in - kind transfers
from younger generations, to a regime of pre-funded
savings plans.
Income
from retirement
savings accounts and public
pensions is taxed, but taxpayers over the age of 64 can claim a deduction against it.
Our hypothetical retiree is getting $ 15,000
from Social Security benefits, $ 10,000
from a private
pension, $ 15,000
from retirement
savings like a 401 (k) or IRA and $ 10,000 in wages.
Between the trend away
from pensions, some hard losses in the past few years (Dot Com and Housing crashes and resulting fear of stocks) and the emphasis recently on «give your kids everything» (private education, expensive colleges, etc etc etc), it does not seem like a stretch that retirement
savings are put on the back burner.
These profound changes send the message that there is no longer any tangible recognition of the risk B.C.'s women and men take when they walk away
from secure jobs and
pensions, to invest their
savings into starting their own small business; businesses that create new tax revenues by providing employment, paying suppliers, and collecting GST and income taxes.
Important factors that may affect the Company's business and operations and that may cause actual results to differ materially
from those in the forward - looking statements include, but are not limited to, increased competition; the Company's ability to maintain, extend and expand its reputation and brand image; the Company's ability to differentiate its products
from other brands; the consolidation of retail customers; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share, or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's inability to realize the anticipated benefits
from the Company's cost
savings initiatives; changes in relationships with significant customers and suppliers; execution of the Company's international expansion strategy; changes in laws and regulations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; failure to successfully integrate the Company; the Company's ability to complete or realize the benefits
from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the nations in which the Company operates; the volatility of capital markets; increased
pension, labor and people - related expenses; volatility in the market value of all or a portion of the derivatives that the Company uses; exchange rate fluctuations; disruptions in information technology networks and systems; the Company's inability to protect intellectual property rights; impacts of natural events in the locations in which the Company or its customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's dividend payments on its Series A Preferred Stock; tax law changes or interpretations; pricing actions; and other factors.
A report in February last year
from the
Pensions and Lifetime Savings Association suggested default funds for defined contribution (DC) pensions - which 90 per cent of DC savers subscribe to - are vulnerable to a range of environmental, social and governance risks (ESG), including substantial clima
Pensions and Lifetime
Savings Association suggested default funds for defined contribution (DC)
pensions - which 90 per cent of DC savers subscribe to - are vulnerable to a range of environmental, social and governance risks (ESG), including substantial clima
pensions - which 90 per cent of DC savers subscribe to - are vulnerable to a range of environmental, social and governance risks (ESG), including substantial climate risk.
In addition to using the automatic payroll option to purchase
savings bonds by having money sent by direct deposit
from your pay, you can also contribute to your TreasuryDirect account using
pension funds, and annuities.
Important factors that may affect the Company's business and operations and that may cause actual results to differ materially
from those in the forward - looking statements include, but are not limited to, operating in a highly competitive industry; changes in the retail landscape or the loss of key retail customers; the Company's ability to maintain, extend and expand its reputation and brand image; the impacts of the Company's international operations; the Company's ability to leverage its brand value; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share, or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's ability to realize the anticipated benefits
from its cost
savings initiatives; changes in relationships with significant customers and suppliers; the execution of the Company's international expansion strategy; tax law changes or interpretations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; the Company's ability to complete or realize the benefits
from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the United States and in various other nations in which we operate; the volatility of capital markets; increased
pension, labor and people - related expenses; volatility in the market value of all or a portion of the derivatives we use; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation of data or breaches of security; the Company's ability to protect intellectual property rights; impacts of natural events in the locations in which we or the Company's customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; the Company's ownership structure; the impact of future sales of its common stock in the public markets; the Company's ability to continue to pay a regular dividend; changes in laws and regulations; restatements of the Company's consolidated financial statements; and other factors.
Important factors that may affect the Company's business and operations and that may cause actual results to differ materially
from those in the forward - looking statements include, but are not limited to, increased competition; the Company's ability to maintain, extend and expand its reputation and brand image; the Company's ability to differentiate its products
from other brands; the consolidation of retail customers; the Company's ability to predict, identify and interpret changes in consumer preferences and demand; the Company's ability to drive revenue growth in its key product categories, increase its market share or add products; an impairment of the carrying value of goodwill or other indefinite - lived intangible assets; volatility in commodity, energy and other input costs; changes in the Company's management team or other key personnel; the Company's inability to realize the anticipated benefits
from the Company's cost
savings initiatives; changes in relationships with significant customers and suppliers; execution of the Company's international expansion strategy; changes in laws and regulations; legal claims or other regulatory enforcement actions; product recalls or product liability claims; unanticipated business disruptions; failure to successfully integrate the business and operations of the Company in the expected time frame; the Company's ability to complete or realize the benefits
from potential and completed acquisitions, alliances, divestitures or joint ventures; economic and political conditions in the nations in which the Company operates; the volatility of capital markets; increased
pension, labor and people - related expenses; volatility in the market value of all or a portion of the derivatives that the Company uses; exchange rate fluctuations; risks associated with information technology and systems, including service interruptions, misappropriation of data or breaches of security; the Company's inability to protect intellectual property rights; impacts of natural events in the locations in which the Company or its customers, suppliers or regulators operate; the Company's indebtedness and ability to pay such indebtedness; tax law changes or interpretations; and other factors.
Meanwhile, about a third (30 %) of UK respondents have kept or expect to keep a part of their
pension savings invested in the stock market post-retirement, up
from 25 % in 2015.
Of course, this argument also has broader implications for projected returns
from pension plans, endowment funds, retirement
savings, etc..
In certain parts of the world — like the United Kingdom — you can actually shield yourself
from taxes incurred form ETFs by putting them into your Individual
Savings Account, or even a personal
pension.
Understand your income sources: On the opposite front, tally up all income
from sources such as plans and
pensions, social security, and
savings.
Im planning on living off my personal
pension [which im moving into a sipp soon to reduce charges] and cash
savings from 55 to 67 yrs which will be in about 28 months At present its a 30 % equities 70 % cash split.
Illinois exempts nearly all retirement income
from taxation, including Social Security retirement benefits,
pension income and income
from retirement
savings accounts.
Among the explanations that have been put forward are the increased credibility of central banks in controlling inflation (inflation rates remain below 3 per cent across the developed world), the low level of official interest rates in the major economies reflecting low inflation and the continuing weakness in some economies, a glut of
savings on world markets particularly sourced
from the Asian region, and changes to
pension fund rules in some countries which are seen as biasing investments away
from equities towards bonds.
For many people, it's helpful to start by grouping potential sources of income into 2 basic buckets: guaranteed income
from sources such as Social Security,
pensions, and annuities, and variable income
from a job, retirement
savings, and other sources such as rental real estate.
Asked about Stringer's lack of investment income, his campaign noted that he does have a
pension from his years of public service, a 457 deferred compensation plan (similiar to a 401K), which he can't touch until retirement, and a college
savings account for his first child.
No, we can't take away benefits that have already been given to retirees, and
savings from pension reform won't be realized for quite some time even if we start today.
On December 13, 2010, National Assembly representatives
from the Fidesz - Christian Democratic People's Party governing alliance approved the government - sponsored legislation compelling employees in Hungary to retain either their private
pension - fund
savings or their eligibility for state
pensions.
The stable
pension contribution rate for local governments and schools, submitted as part of the Executive Budget, will provide a new tool for local governments to access the long - term
savings from Tier VI and have greater predictability in their fiscal planning.
«As I researched the idea of promoting
savings in our sector, the idea of credit union came into mind and I said that's it because it dawned on me that majority of the people don't have
savings accounts, insurance cover or even
pension schemes and since I became the Chairman of GHAMRO I really felt the pinch because every now and then I get calls
from members asking for advance payment of their royalty to either pay school fees, settle medical bills or to even solve other financial problems then I've realized that this vacuum has to be filled because GHAMRO doesn't have a policy to pay this type of monies».
The Tory leader had earlier insisted that all of the planned
savings would come
from the increase in the male
pension age alone.
Because of
savings in a number of areas, such as the cost of employee
pensions, the Executive Budget actually contains a property tax decrease of a penny
from $ 4.95 to $ 4.94 of equalized assessed valuation.
For seniors, raising the amount of private -
pension and retirement income exempt
from taxes
from $ 20,000 to $ 40,000 would mean average
savings of $ 361 a year.
Governor Cuomo pulled back a bit
from his plan to offer, for the first time, a 401k style option for newly hired public workers, saying he's «flexible» on it, but the governor does say he's not bending on the need for a new
pension tier with lowered benefits that produces «maximum amount of
savings».
Efforts to achieve
pension reform, or other taxpayer
savings from overgenerous union contracts, suspiciously vanished.
This is why this Government is taking action to reduce the massive and unsustainable cost of state sector
pensions —
from asking well - paid staff to contribute more, to looking at the scope for administrative
savings from more joint working and merging funds.
He says it's a way for them to take advantage now of future
savings from the new sixth
pension tier created last year.
SCOTT BAUER Associated Press MADISON, Wis. (AP)-- Gov. Scott Walker no longer expects to see the
savings from forcing state workers to pay more for their health insurance and
pension benefits before the start of the next budget...
The city needs approval
from the federal government before it can create the
savings program, said John Adler, the director of the Mayor's Office of
Pensions and Investments and chief
pension investment advisor.
The board has projected a $ 100 million deficit this year, excluding borrowing, one - time revenue and
savings from deferred
pension payments.
Last year, the state created a different tier of
pension benefits for new public employees,
savings for taxpayers that will be realized decades
from now.
This would be the case if states also changed their retirement plans
from DB
pensions to an alternative design, particularly defined contribution (DC)
savings accounts such as 403 (b) plans, but also a cash balance plan.
Malcolm Trobe, interim general secretary of the Association of School and College Leaders, commented on the longer school day saying: «While we welcome any additional funding for schools, the reality is that the government has already made
savings by requiring schools to pay increased employer National Insurance and
pension contributions
from existing budgets.
Over and above that, 10 % of the annual
savings from the policy changes built into this bill will go back into the
pension system.
That includes $ 10 million
from raising the bottle tax
from 2 cents to 5 cents, $ 12 million in
savings from a recalculation of the teacher
pension plan, and $ 1.6 million in revenue
from a planned slots casino.