Archive for the ‘Pension Income’ Category

Disposable income at nine year low official figures show

Disposable income per head- taking inflation into account, fell by 1% on the previous quarter, the Office for National Statistics (ONS) said.This measure of income is the amount of cash individuals have to spend after tax. Meanwhile, savings levels dropped as families felt the squeeze. People had less disposable income to spend on average in […]

September 12, 2012 · Home Based Jobs · Comments Closed
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Pension scheme closures continue warns NAPF

More final salary pension schemes have been shut to existing staff in the private sector during 2011 new research warns.Some 23% of pension schemes are shut to future contributions from existing savers and to new staff, the National Association of Pension Funds (NAPF) said. This compares with just 3% in 2008, and 17% in 2010. […]

January 3, 2012 · Home Based Jobs · One Comment
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Kraft cuts another 200 jobs breaking Rosenfeld promise

Kraft Foods is to cut another 200 jobs despite claiming that it will spend £50 million on chocolate and biscuit manufacturing.The firm which bought Cadbury in a hostile take over last year said jobs would be axed at Bournville in Birmingham, Chirk in Wrexham, north Wales, and Marlbrook in Herefordshire. The losses will be made […]

December 12, 2011 · Home Based Jobs · 3 Comments
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Inflation rises to cost public sector workers more

Public sector workers are expected to lose thousands of pounds more due to the increasing divergence between different measures of inflation.In 2010, the government said their pensions should rise in line with the consumer prices index (CPI) rather than the retail prices index (RPI). The aim was to save money because the CPI is designed […]

December 6, 2011 · Home Based Jobs · Comments Closed
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