27th April, 2012
The final-salary pensions shortfall of the FTSE 350 companies has swollen from £20bn at the end of March 2011 to £80bn at the end of last month, according to pensions firm Hymans Robertson.
Posts Tagged ‘dwindling pensions’
QE quadruples FTSE 350 pensions deficit in one year
Posted by seumasach on April 28, 2012
Posted in UK economy | Tagged: dwindling pensions | Leave a Comment »
Retirement Funds In Danger For Millions Of Americans
Posted by seumasach on March 9, 2009
By Mike Bryan
For millions of Americans, the deepening recession has meant a dramatic drop in funds put aside for their retirement. While many have seen the value of these accounts slashed in half, the pensions of others have been rendered virtually worthless as their employers file for bankruptcy. For others, a layoff in the family spells disaster, and saving for retirement is out of the question.
Posted in Financial crisis | Tagged: dwindling pensions, Financial crisis | Leave a Comment »
In These New Times 