Sentences with phrase «pension scheme as»

Many graduate schemes with finance firms will include a pension scheme as part of the benefits package to help you start saving as soon as you start earning.

The retirement planning becomes easier with the new pension scheme as the pensioners receive a pension depending on their contribution towards the pension plan during the accumulation stage.

Unite also expressed fears over the future of the Royal Mail pension scheme as the company seeks to drive through changes ahead of the proposed sale which could lead to cuts in pension payouts.

LLP members may need to be automatically enrolled into pension schemes as a result of the Supreme Court's recent decision on whistleblowing.

She specialises in handling pensions matters, having advised on a wide range of pensions schemes as well as dealing with auto - enrolment issues and historic errors in scheme documentation.

However, Daniel v Tee demonstrates that the Courts do not expect trustees to be omniscient in the investment sphere and in our view this applies just as much to trustees of pension schemes as to the family trust in Daniel v Tee.

Not exact matches

All of your employees who meet these criteria need to be entered into your pension scheme, under a system known as automatic enrollment.

This doesn't guarantee the amount of pension income they receive, as this will depend on the type of investment the pension scheme is in.

That includes the creation of a CPP - supplemented Ontario Retirement Pension Plan, a scheme that business lobbies have derided as a payroll tax.

I would argue that the one of the primary reasons the Fed is working hard to keep the stock market propped up is because, if the Dow / SPX / Nasdaq were to fall 5 - 10 % for an extended period of time — as in more than a month — the entire U.S. pension Ponzi scheme would blow up and decimate the financial system.

Indeed, many workplace pension schemes have a CPP - offset provision that would reduce the employer's pension costs as CPP premiums and benefits rise.

Hurdle for rescue restructure as ailing retailer bids to secure the support of PPFHouse of Fraser's rescue restructuring faces a significant hurdle after it emerged that the department store chain may have to fund a multimillion - pound injection into its pension scheme.

«As a mandatory public scheme, the Canada Pension Plan offers many advantages over individual savings and workplace pensions.

Ontario Premier Kathleen Wynne has been planning to introduce a new provincial retirement savings scheme — the Ontario Retirement Pension Plan (ORPP)-- as a supplement to the Canada Pension Plan (CPP).

The majority of smaller stressed defined benefit schemes are likely to end up in the Pension Protection Fund, according to consultancy Barnett Waddingham, as it raised concerns that the Pensions Regulator's new tougher stance may remove vital flexibility from the system.

Clegg also announced the Treasury is working on a «pension for property» scheme in which parents can help their children get on the property ladder by using their pension pots as a guarantee.

In 2008, our research paper The UK Pensions Crisis found that occupational pension schemes lost between # 150 and # 225 billion in growth, as a result of the abolition of Advanced Corporation Tax relief on pension funds in the 1990s.

Ousted FBI Deputy Director Andrew McCabe could still obtain his pension with a little help from House Democrats, as lawmakers in Wisconsin and Massachusetts are scheming to hire the fired G - man for at least two days.

A key change for the MPs» pension will see it linked to average salary as opposed to the current, more generous, final salary scheme.

Plans intended to lift pick - up rates for funded alternatives hardly reach those at risk of pension poverty, as they often can't afford to pay into such schemes and their employers are disproportionately likely to opt out.

Today's announcement comes as part of ongoing discussions about local government pensions schemes.

April 2002's announcement was also opposed by many in the business community as making it harder for them to maintain their already - struggling pension schemes.

«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».

He said his office will seek to use the pensions as substitute assets to satisfy any forfeiture judgments they get as a result of their illegal schemes.

SSNIT also believes the 18 % increase is realistic as this will help sustain the fund into the future and enable the scheme to increase and pay the pensions of pensioners every year.

The ABI wants to work with wider industry including trust based and public sector pension schemes, to ensure that as many people as possible can benefit from the dashboard, with support from the whole market.

The unions challenged the Finance Ministry's decision to use Pension Alliance Trust as a sole trustee of the second - tier pension scheme for all employees on government's pPension Alliance Trust as a sole trustee of the second - tier pension scheme for all employees on government's ppension scheme for all employees on government's payroll.

A statement from HM Revenue and Customs yesterday read: «From «A-Day», the government will remove the tax advantages for investing in residential property or certain other assets such as fine wines, classic cars and art and antiques from registered pension schemes which are self directed.

What Mr. Silver didn't say: He is trying to keep his taxpayer - financed pension, trying to stay out of prison and trying to forfeit as little cash as possible from the schemes that the federal government says netted him more than $ 5 million over the decades.

Its claimed the changes will reduce scheme members» pensions significantly, - unions believe younger members of staff could lose as much as # 10,000 per year of their guaranteed income in retirement.

It would also help if taxpayer funded pensions were put onto the same basis as good private sector pensions, same retirement ages and money purchase schemes only.

Rechnitz also served as a go - between who helped connect Manhattan - based hedge fund manager Murray Huberfeld and Correction Officers» Benevolent Association President Norman Seabrook as part of a bribery scheme to steer $ 20 million in correction union pension money to Platinum Partners hedge fund.

But the Conservatives claimed the government was planning to «snatch» Royal Mail's pension funds assets and assume its liability, effectively converting the pension scheme from a funded scheme into a pay - as - you - go scheme.

Over the course of the year Marcie will need to put in # 170.04 to her pension if she is in a «net pay» scheme, whereas she would only need to put in # 136.03 if she was in a «relief at source» scheme — the rest will be paid into her pension pot by the Government as tax relief.

A pledge to end MPs» generous final - salary pension scheme has not come to fruition just yet, as expenses watchdog Ipsa is taking its time.

As police pay becomes stagnant but with the possibility of reductions in pay in addition to a pay freeze for at least 40 % of officers and police pension costs are increasing, possibly more significantly for more senior than junior ranks, any direct entry scheme would be bound to affect, in particular, the most talented of those currently in service as they see their promotional opportunities diminish and the retention of those talented and experience officers would become an even bigger issuAs police pay becomes stagnant but with the possibility of reductions in pay in addition to a pay freeze for at least 40 % of officers and police pension costs are increasing, possibly more significantly for more senior than junior ranks, any direct entry scheme would be bound to affect, in particular, the most talented of those currently in service as they see their promotional opportunities diminish and the retention of those talented and experience officers would become an even bigger issuas they see their promotional opportunities diminish and the retention of those talented and experience officers would become an even bigger issue.

Such moves would be fiercely resisted by trade unions as new employees could be shut out of the NHS pension scheme and the plan would introduce variable pay schemes across the NHS.

They challenged the Finance Ministry's decision to use Pension Alliance Trust as a sole trustee of the second tier pension scheme for all employees on government pPension Alliance Trust as a sole trustee of the second tier pension scheme for all employees on government ppension scheme for all employees on government payroll.

Even after the changes, the Pensions Policy Institute recently calculated that contributions to the teachers» pension scheme will be worth twice as much as a percentage of their salary as those the average private sector worker receives from their employer under a defined contribution scheme.

Mr. McFadden: The changes that we propose to the pension scheme will mean that the deficit is handled on the same basis as the pension schemes serving teachers, nurses and civil servants.

She explained further that «the amount we paid includes arrears and the impact is that those who retired as far back as 2013, who had been unable to access pension under the contributory scheme due to non payment, will now be paid.»

The overall cost of # 1.2 bn is broadly as expected, but senior union sources said «we had no warning of this co-ordinated announcement for each scheme, or that it would be leaked to the Telegraph and the Sun laced with the usual rhetoric about «gold - plated pensions `.»

But the Independent Parliamentary Standards Authority (Ipsa) also recommends cuts to perks such as meal allowances and taxis and a less generous pension scheme.

The result is that local government workers, faced with an average additional 3 % increase in their contributions which will then yield a much reduced pensions, are likely to abandon the local government pension scheme in droves as no longer worthwhile, thus adding to the State's welfare bill in retirement and perhaps collapsing the investment funds which this pension scheme feeds.

«The hard - earned pension savings of New Yorkers should never serve as a vehicle for corrupt, personal enrichment,» Manhattan U.S. Attorney Preet Bharara said in a statement, calling the alleged pay - for - play arrangement a «classic, quid - pro-quo bribery scheme.»

NEW YORK (AP)-- A former top official at the country's third - largest pension fund and two broker - dealers were charged Wednesday in what a federal prosecutor described as a classic bribery scheme that steered $ 2 billion in trades in exchange for drugs, prostitutes, vacations and U.S. Open tennis tickets.

Republican Harry Wilson has been hammering DiNapoli, whom the former hedge fund manager refers to as the «unelected comptroller,» on a proposed pension fund borrowing scheme.

Back in 2007, Alan Hevesi had to quit as comptroller — because he was headed to prison for a different pension - fund kickback scheme.

According to the Police Administration, every officer who loses his life in line of duty is paid a gratuity by the administration, as well as pension contributions by their pension scheme.

Diana Hinchcliff says she was canned just two years shy of qualifying for a full pension as part of a scheme by Silver to put his side dish, Staten Island ex-Assemblywoman Janele Hyer - Spencer, on the public payroll.