guardian.co.uk Politics:
The taxpayer is having to bail out the police pension fund with almost half a billion pounds a year, it has emerged. The shortfall has raised fresh questions about the long term viability of public sector pensions – and the (Read More)
The Guardian:
Despite the downturn, it is an investment that has been as safe as houses, rising by an average of 111% over the decade, reports Rupert JonesForget the stockmarket and high-interest savings accounts – the best place for your (Read More)
ABA Journal Top Stories:
As federal elected officials and administrators mull potential regulatory reform to rein in lenders accused of causing a mortgage meltdown nationwide, the attorney general of Ohio has stepped into the breach and filed a feder (Read More)
Money RSS Feed:
Pam Dean, 58, considers herself financially savvy and confident about handling her own fiscal affairs and those of her husband. During 37 years of marriage, Pam, who trained as a book-keeper, has taken responsibility for the (Read More)
The Huffington Post | Full News Feed:
DENVER — At a time of budget cuts, Democratic Gov. Bill Ritter's administration last year paid employees and outside contractors $1.1 million to lobby Colorado lawmakers on legislation ranging from renewable energy tax credit (Read More)
FT.com - Merryn Somerset Webb:
Buying a fund of value stocks should provide good upside if the rally continues, some capital protection if not, and reasonable income either way. (Read More)
Reuters:
MIAMI (Reuters) - West Virginia Governor Joe Manchin expects to sign bills giving the state's large cities pension-funding relief and approving the sale of $225 million in stimulus bonds, a spokesman said on Friday.
. (Read More)
The Huffington Post | Full News Feed:
While the overall U.S. financial system is showing signs of stability, a rapidly rising tide of troubled loans for commercial real estate threatens the survival of hundreds of the nation's small and medium-sized banks.Financi (Read More)
Times Online:
ITN, the commercial news provider, yesterday embarked on a radical three-year turnaround plan aimed at reviving its fortunes after it slumped to a first-half loss and was forced to shut its final salary pension scheme. (Read More)
Wall Street Journal:
SAN FRANCISCO (MarketWatch) -- EBay Inc. said Thursday afternoon that it has completed its planned sale of Skype, its Internet telephony unit. The sale valued Skype at $2.75 billion, though eBay received approximately $1.9 b (Read More)
guardian.co.uk Sport:
• Walker's company was paid for continuation of BBC contract• Doyle's 110sport received £37,500 for Betfred sponsorshipThe annual accounts of the World Professional Billiards and Snooker Association show that companies connec (Read More)
FT.com - Your pension:
The number of people leaving their pension schemes fell to its lowest level this year, while enquiries about the current value of the pensions rose to its highest level, according to Aon Consulting. (Read More)
Workplace Prof Blog:
Employee Benefit Research Institute has just released a trio of new reports: Craig Copeland, Retirement Plan Participation and Asset Allocation, 2007. Paul Fronstin, Availability, Contributions, Account Balances, and Rollover (Read More)
The Guardian:
Pay of all staff frozen and 29 posts affected in restructuring after £3m pre-tax lossITN is to freeze the pay of all staff next year and cut 29 posts as part of a restructuring designed to bring the company back to profitabil (Read More)
The Guardian:
News provider ITN restructures as it prepares to announce first-ever lossITN is set to cut about 20 staff as part of a package of measures designed to tackle its escalating pension deficit and return the company to profitabil (Read More)
USATODAY.com Washington - Top Stories:
Top executives at four companies that jettisoned their employee pension plans received $49.5 million in retirement and severance ...
. (Read More)
Times Online:
The Occupational Pensioners’ Alliance (OPA), which represents members of pension schemes, has called on British Airways to appoint an independent chairman to its board of trustees. (Read More)