Global

Swiss vote on pensions and retirement age

With an ageing population and ever-rising living costs, Switzerland is holding a referendum that would reshape pensioners’ lives. ADVERTISEMENT Swiss citizens went to the polls on Sunday in a referendum about two questions concerning pension reforms.  They will decide whether to raise the retirement age from 65 to 66 and increase pension payments in two

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Britain must look abroad to reform its pensions

Stay informed with free updates Simply sign up to the Workplace pensions myFT Digest — delivered directly to your inbox. The writer is a contributing editor Chancellor Jeremy Hunt’s latest efforts, like his Mansion House reforms, point squarely at getting people and firms in the UK to save smarter for retirement. This misestimates the scale

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Global

Hopes for change in Gabon after years of unpaid pensions

Life expectancy in Gabon was 66 years old in 2021, according to World Bank figures. There’s a new air of optimism among the seniors waiting patiently since dawn in Gabon’s capital Libreville to chase up pensions that were never paid. Some say they’ve received nothing for years. The general who ousted President Ali Bongo Ondimba

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Global

Changes in pensions in Australia caused outrage in society

Hard-working Australians fear that the decision to raise the retirement age to 67 means they will be forced to work even longer in jobs. From 1 July this year, the retirement age for all Australians is 67, the latest jump after the series gradual increase to the original “retirement age” of 65, which was introduced

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UK pushes for higher pensions for sluggish economy

LONDON: Britain’s Chancellor of the Exchequer Jeremy Hunt on Monday unveiled plans to funnel more National Pension Fund cash to UK companies and spur an inflation-hit economy. Hunt trumpeted a deal with big pension companies to invest 5 percent of the investment – or up to £50bn ($64bn) by 2030 – in high-growth businesses, which

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Global

Macron criticized by crowd unhappy with pensions

In France, when presidents walk among the public, they are described as “crowd acceptance”. Emmanuel Macron caught a bad cold on Wednesday. Weathering criticism that called for him to resign, the French leader has taken on the daunting task of repairing the damage done to his presidency by enacting unpopular pension reforms, taking his first

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Biden confiscated your pensions for his agenda

President Biden’s decision earlier Monday to veto a bill that would have repealed the Department of Labor’s Environment, Social and Governance (ESG) investment rule effectively confiscated your pension and expropriated it for investment in this failed green economy. agenda. That is UNCONSTITUTIONAL and a class action lawsuit against this outrageous program should be filed immediately.

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