April 2013 - Charterbridge

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Monthly Archives: April 2013

AXA faces strike threat over pension changes

AXA faces strike threat over pension changes Union Unite has threatened insurer AXA with strike action over the decision to transfer more than 2,300 staff to a new pension scheme. The Times, p. 38 The bigger picture? The American company Eastman Kodak is to sell two of its subsidiaries, including one specialising in photographic mini-labs […]

My Thornbury Poetry – Judgement Day!

Poet Laureate with prize winners (left to right) Carol-Ann Duffy, Roshan Sond, Lucy Parish, Hayleigh Gasston, Ruby McIlroy & Annis Clarke The 5 judges had all done their homework and graded the entries on merit. It took over an hour to determine the winners, a very close-run competition! The 15-19 yrs category was particularly exciting – […]

Weekend economic news round up

National Grid risks strike to cut pension deficit It has emerged that furious union leaders have accused National Grid of “North Korean-style sabre rattling”, as the operator of Britain’s biggest electricity and gas transmission networks risks industrial action to tackle its debilitating pension deficit. National Grid started informal briefings with shop stewards from the GMB […]

Rates to stay low, savers warned

Rates to stay low, savers warned The data provider Moneyfacts has warned savers not to expect interest rates on cash accounts to rise in the near future now the Bank of England has expanded its Funding for Lending Scheme. This abstract from the Financial Times was produced by Kantar Media Financial Times, p. 2 Charging […]

Tesco plans service to compare pensions

Tesco plans service to compare pensions The supermarket chain Tesco is reportedly preparing to shake up the £12bn retirement income market by launching a new online comparison service for pensions making it easier to shop around for the pension annuity paying the highest income. This abstract from the Financial Times was produced by Kantar Media […]

Pension changes raise fears of ‘Dad’s Army’ at nuclear bases

Pension changes raise fears of ‘Dad’s Army’ at nuclear bases A cross-party group of MPs has warned the Government against plans that critics say will create a “Dad’s Army’ defence force for Britain’s nuclear deterrent bases. The MPs said there was “no justification” for pension legislation they claimed would put military bases, including nuclear submarine […]

Weekend economic news round up

  How to make the most of your savings in retirement Advice on how to convert accumulated pension savings into income for retirement. This abstract from the Financial Times was produced by Kantar Media Financial Times Money, p. 8-9 Am I losing out on a dividend from Lloyds? Paul Gosling deals with a consumer question […]