pensions
Coverage of pensions in the Nexus archive.
- Rich families are gifting more generously and earlier in life to avoid inheritance tax on pensions
Rich families are increasing their gifting of assets earlier in life to avoid inheritance taxes on pensions. This trend reflects strategic financial planning to mitigate tax burdens.
- PECO strike ends as union and utility announce deal
A deal between PECO and the International Brotherhood of Electrical Workers Local 614 ended a three-day strike, the utility's first in its 145-year history. The tentative agreement includes wage increases, pensions, and retirement health benefits for recent hires, with union members now voting to ratify the five-year contract.
- What WILL Burnham tax to fund Labour's lurch to the Left? Fears mount over raids on council tax, inheritance and pensions after PM-in-waiting says there is 'room' to increase burden
The article discusses concerns over potential tax increases by Labour, including raids on council tax, inheritance, and pensions. A Labour official suggests there is 'room' to raise these taxes further.
- The eight steps women should take to boost their pensions
The article outlines eight steps women can take to improve their pensions. It focuses on strategies specifically tailored for women to enhance their retirement savings.
- Plans to levy inheritance tax on pensions are unfair and too complicated, say experts
Experts argue that plans to levy inheritance tax on pensions are unfair and too complicated. The proposed tax has sparked criticism for its complexity and perceived unfairness.
- Distribution of social security, welfare fund pensions for June to begin on June 24
The distribution of social security and welfare fund pensions for June will begin on June 24. The announcement specifies the start date for the June pension disbursements.
- Former Odisha CM lashes out at current BJP govt for disruptions in disbursement of pensions
Naveen Patnaik, former Odisha CM, criticized the current BJP government for disruptions in pension disbursement. He highlighted that his government ensured regular pension distribution on the 15th of each month as 'Jan Seva Diwas'.
- Bardella's contradiction of Le Pen on pensions confounds French far right
Jordan Bardella contradicted Marine Le Pen on pensions, causing confusion within the French far right. The incident occurred in front of the Assemblée Nationale on July 10, 2024.
- TGPJAC appeals for pensions to be credited on first of every month
TGPJAC is appealing for pensions to be credited on the first of every month. The organization is requesting a change in the timing of pension disbursements.
- I'm healthy and a former pensions minister... but this is why I've at 60 I've already given my children power over my finances: STEVE WEBB reveals what you must do before it's too late
Steve Webb discusses giving his children control over his finances at age 60 and advises others to take similar steps to prepare for potential future issues. He emphasizes the importance of proactive financial planning.
- How inheritance tax prompted the great pensions rethink
The article discusses how upcoming changes to inheritance tax rules are prompting savers to reconsider their approach to managing 'red money' in their pensions.
- Upbeat messages on pensions beat scare tactics, say young adults
Young adults find upbeat messages about pensions more effective than scare tactics. The study highlights a preference for positive communication strategies in pension discussions.
- That’s No Way to Run a Railroad
The article criticizes high compensation and work rules for Long Island Rail Road (LIRR) workers, funded by taxpayers and commuters, and questions the fairness of public-sector union benefits. Governor Kathy Hochul settled a strike without significant reforms, perpetuating costly practices. The piece argues that collective-bargaining laws prioritize union interests over public efficiency.
- Mamdani breaks with DSA with support of NYPD union-backed bills boosting pensions, retirement age
Mayor Zohran Mamdani supported legislation backed by NYPD unions to increase pensions and raise the retirement age for officers, diverging from his DSA-aligned political base. This move marks a significant shift in his alignment with far-left priorities.
- Uruguay Finance Chief Says Pensions Will Stay in Private Hands
Uruguay's Finance Chief Gabriel Oddone announced that the country's pension system will remain under private management. The statement reaffirms the government's stance on maintaining the current private pension model.
- Why am I suddenly being hit with £600 extra in tax a month on my pensions? STEVE WEBB replies
A reader is questioning a sudden £600 monthly tax increase on their pensions, with Steve Webb providing an explanation. The issue highlights unexpected financial changes affecting retirees.