March 2011 Archive

Public sector pay 'to be based on performance', Will Hutton says

Will Hutton recommends performance-related pay for senior public sector workers

Will Hutton has today (March 15th) published his final report on the Fair Pay Review, recommending that senior public sector pay be based on employee performance.

Universal state pension plans announced

Universal state pension could be equivalent to £200,000 private pension

The planned overhaul of the state pension system could see savers benefitting from the equivalent of a £217,000 private pension.

Lord Hutton reveals final public service pensions report

Public services pension report published

Lord Hutton has set out the final report of the Independent Public Services Pension Commission, which describes reforms to the current system.

Debt blights over-55s, report finds

Debt woes reach the over-55s, report shows

Debt is becoming an increasing problem among the over-55s, a new report has found.

Pension reforms will mean it 'pays to save'

The government wants to simplify the pension system

Iain Duncan Smith, the Works and Pensions Secretary has said in a speech yesterday that "we have to make it crystal clear to young savers that it pays to save."

IDS to announce £140 flat-rate pension plans

Iain Duncan Smith aims to simplify the pension system

Iain Duncan Smith, the Works and Pensions Secretary, will announce today in a speech to Age UK that the pension system needs to be simplified and people encouraged to save for their retirement.

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