When you work in the public and government service, it is most likely that you are registered to a Defined Benefit (DB) pension. DB pension is an investment pot for employees where they can receive a fixed yearly income when they are retired. The amount they receive will be made depending...
The bank statement showed that the transfer was authorised by Jack Heron, but no other documentation regarding the transfer was available. ‘Alarmed by the size of this transaction, and the lack of evidence to support it, I questioned Jack Heron, asking him about the source of cash receipts a...
Some people argue that it's necessary to postpone the retirement age in that it is a good way to reduce pension burdens. It helps create more social wealth as well as more money contributed toward the retirement pension. However, other people h...
How do you make a defined benefit pension pot big enough to pay out the final salary commitments do you think, especially in the private sector when the pot is taxed? The employer needs to pay at least 25% on top of the employer’s National Insurance and the employee needs ...
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