Financial Education

Financial Education
Mickey Greenfield
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Read more Calcalist: The program for the protection of retirement savings year again rejected the government trying to direct the small business retirement funds half of the pension investment in stocks and bonds is concentrated in 20 companies under the planned reforms on Thursday as part of the bi-annual economic update that, in accordance with the pension age will rise life expectancy and will reflect the Government's view that workers should not move more than a third of their adult lives retired.
Thus, in the mid-30th century kingdom pension age will rise to 68, a move that will be ten years earlier than initially planned. In the late 40s retirement age will rise to 69. As a result, by mid-century retirement age in the UK will be among the highest in the world, according to data from the Organization for Economic Cooperation and Development (OECD).
Retired (Archive) Photo: Shatrstok aging population is increasing the burden on governments find it difficult lana del rey to take control of their spending and lending, and for this reason it was decided to link the pension age and life expectancy lana del rey increases. According to the British government, raising the pension age will save 500 billion pounds over 50 years.
At the same time the sad news young workers were informed they would have to work more years, Finance Minister George Osborne has also provided an optimistic assessment of the British economy. He said the UK is growing at a higher rate than any other developed country, and accordingly increased the growth forecast. Britain now official estimate is that in 2013 the economy will grow by 1.4%, compared to a growth forecast of 0.6% posted in March.
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