Unilever staff set to resume pension protest
Disgruntled workers look to down tools for second time in just over month with Anglo-Dutch conglomerate determined to close final-salary scheme
The financial crisis has ravaged employer-based and private retirement savings, forcing workers to rethink their pension plans and even to defer retirement
This multimedia feature explores the dilemmas faced by individual savers, companies and governments. Our experts advise on how to rebuild depleted pension savings and offer potential solutions to the international pensions time bomb
Employers’ and labour groups say implementation of European proposals to strengthen retirement plans could push many businesses into insolvency
Four unions representing 600,000 members warned of fresh disruption, but this is likely to be less widespread than last November’s strike by 1.1m workers in 29 unions
Save earlier, pay more in while working and retire some years after becoming eligible for state entitlement, it says
Funding gap for plans of S&P 500 companies almost doubled in 2011 to around $450bn as bond yields dropped
Disgruntled workers look to down tools for second time in just over month with Anglo-Dutch conglomerate determined to close final-salary scheme
Replacement of final salary schemes by money purchase ones has transferred risks from employers to individual employees
EU proposal is laudable enough: to strengthen funding and enhance the value of the covenant for workers. But its intervention could be counterproductive
Unilever’s Merseyside plant was shattered for the first time by something its Victorian founder Lord Leverhulme could never have envisaged
The last thing Britain’s fragile economy needs is another winter of discontent
Efforts to contain ballooning state deficits by curbing public sector workers’ benefits are polarising political opinion
As the Federal Reserve announces details of its $400bn “Operation Twist”, falling bond yields pile pressure on stretched funds
The Fed’s latest manoeuvre may leave large corporations turning in the wind as they struggle with defined-benefit pensions
Analysts claim portfolio switch into hedge funds increases annual returns and lowers risk