Rachel Reeves set to raid pension pots to pay for Labour’s £5bn benefits bill U-turn
Chancellor Rachel Reeves is expected to target wealthier taxpayers if forced to raise funds to cover the £5…
The EU wants to unify its fragmented financial markets. Can it finally make it happen? – POLITICO
Feedback on that strategy so far is mixed. Carmine Di Noia, director for financial and enterprise affairs at…
Jasmine Britles reveals how much inheritance tax is owed after withdrawing 25% in savings
Question: Dear Jasmine, I have taken 25 per cent from my employees paid up pension pot and the…
Fierce China job market turns unemployed youths into ‘full-time grandkids’
As China’s job market continues to struggle, a new trend in which young people become “full-time grandchildren” by…
Pope Leo looks to MAGA megadonors to shore up Church finances – POLITICO
The Vatican’s income is mainly derived from property assets and donations including from bishops and Peter’s Pence, the…
France to cut extra €4.7B in spending this year as debt hits new record – POLITICO
“The additional effort decided today reflects a clear determination to act without delay to meet our targets for…
Defiant Bayrou won’t concede defeat on pension reform talks – POLITICO
Bayrou admitted that an agreement hadn’t yet been found on how to compensate workers who have physically demanding…
French PM under fire as pensions ‘conclave’ concludes without agreement – POLITICO
Though President Emmanuel Macron commended Bayrou for his insistence “on the importance of reaching an agreement” in comments…
Is Ireland sliding into a gerontocracy where the older generation dominates?
A gerontocracy is a system where the elderly hold sway, governing by and for their own interests. The…
Retirement savers at risk of ‘worrying scams’ as inheritance tax overhaul looms
Retirement savers are becoming increasingly anxious about forthcoming inheritance tax (IHT) changes that will bring pensions into the…
State pension shortfall looms as sick Britons could miss out on nearly £150k in ‘lost income’
British workers are at risk of being slapped with a £150,000 state pension shortfall in retirement due to…
Rachel Reeves urged to launch ‘universal pension system’ as 1m workers unable to save for retirement
Chancellor Rachel Reeves is being called to launch a “universal pension” system as more than one million “invisible…