Forties People
The recruitment agency with a mature outlook and an innovative approach!
| Register with Us |
| Search for a Job |
| Find Jobs in London |
| Find Jobs in Hertfordshire |
| Candidate Login |
| Your Feedback |
No Placement No Fee
Our service doesn't cost you a penny unless we find you the right candidate
| Recession 'will not impact massively on pensions' |
 |
 |
 |
 An expert has said that the effects of the global economic downturn will not have an overly-adverse impact on employee pension schemes.Research released earlier this week (June 29th) by Scottish Widows revealed that savings have seen a dramatic drop over the last 12 months and are now at their lowest level since 2006. The company's latest Pension Index study, which measures how many people are saving adequately for their post-retirement future, shows that the number of workers doing so has dropped by six per cent to 48 per cent across the country. Also, the amount of the workforce nationwide that could save money into their pension scheme but choose not to is now at 21 per cent, while 41 per cent responded that they have saved less due to the recession. However, Robin Ellison, partner at law firm Pinsent Masons, commented that although the downturn - which began in 2008 - is "unpleasant [it] shouldn't make too much of a difference" to pension funding. Posted by Daniel Frost 
|
Latest Recruitment News
-
London recruitment agencies report rise in staff demand
(Thursday 09 February 2012) -
Women could fail to benefit from auto-enrolment
(Wednesday 08 February 2012) -
Are experienced employees more likely to take on flexible working?
(Tuesday 07 February 2012) -
Employees worst fear is their image when public speaking
(Monday 06 February 2012) -
Age discrimination 'rooted in British society'
(Friday 03 February 2012)
Archive News
-
New Recruit February 2012
02-February-2012 -
New Recruit December
05-December-2011 -
New Recruit November 2011
10-November-2011 -
New Recruit October 2011
05-October-2011 -
New Recruit September 2011
05-September-2011