Tag: pension

Business rent holiday extension ‘will hit pension schemes’

Image copyright Christopher Furlong Landlords have reacted with dismay to a further rent holiday for struggling businesses, saying it will hit pension schemes, savings, and lenders. The government extended the protection, which includes a moratorium on commercial evictions, on Wednesday. Business groups said the support, first introduced in April due to coronavirus, “will provide a respite” for firms. But landlords… Read more →

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‘Academics need to give more to fill pension hole’

Image copyright In Pictures Image caption University staff in the picket line outside University College London in February 2018 The manager of a giant pension scheme for academics has said contributions would need to increase to nearly 40% of basic salaries to repair its deficit. Contributions are now just under 30%. The Universities Superannuation Scheme (USS), deficit at the end… Read more →