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The head of CBI warns that the amount of people being paid the minimum wage is a serious problem that needs to be tackled.

CBI chief advises pay should rise as economy improves

John Cridland, the head of CBI, has called for companies to increase employee wages as the economy continues to improve.

CBI chief advises pay should rise as economy improves

John Cridland, the head of CBI, has called for companies to increase employee wages as the economy continues to improve.
Big fall in unemployment rate makes earlier rate rise possible

Unemployment has fallen by 99,000 in the three months to the end of October, to reach 2.39 million, the lowest level since 2009, fuelling expectations of an earlier rate rise.
80% of firms expect to hire more young people in 2014

More than half of the UK’s businesses predict that new jobs will be in 2014, according to a new report by the British Confederation of Businesses (CBI) and consultancy firm Accenture.
Double the level of state pension needed for happy retirement

LV= puts the cost of a happy retirement at around £225,000, which means not everybody will be able to afford their ideal life once they stop work.

Pensions News

PAC calls for action over £55bn tax loss The Public Accounts Committee (PAC) has released a report expressing concern over the scale of the government’s financial losses.	Royal Mail agrees landmark pay deal with unions The Royal Mail has agreed a landmark pay deal with the postal workers unions that ensures a three-year pay rise, employment protections and an agreement not to introduce zero-hours contracts.
Annuities are failing pensioners and must change	Demand for staff reaches 15-year high
IFS provides home truths for Osborne on Autumn Statement	Autumn Statement: Key points announced by George Osborne
State pension age to be raised to 69 from late 2040's	Middle-income non-retired households lose £5k a year since 2008

Finance In-depth

Autumn Statement: Key points announced by George Osborne

The Chancellor, George Osborne, presented his Autumn Statement to Parliament and was able to say that growth forecasts are up deficit estimates are expected to fall.

How to have a richer retirement

Award-winning personal finance journalist Rosie Murray-West has contributed a chapter on how to have a richer retirement to a new guide from retirement specialists McCarthy & Stone.

10 things you might not know about equity release

Budget 2013: Expert reaction to George Osborne's 4th budget

Ten key questions to consider when you write a will

Baby-boomers lead the way as self-employed numbers rise

Product News

New Fidelity SIPP offers 1% cash back before end of 2013

Fidelity Worldwide Investment has launched a new deal that offers one per cent cash back on all pension transfers
1500 reasons why you could consider buying an enhanced annuity

When you are considering buying an annuity it is vital to take your health into account as you may receive higher monthly payments if you suffer from one of 1500 conditions.
MGM: Annuity rates have plunged 11.2% since June 2009

Annuity rates have dropped by more than 11 per cent in less than three years, putting pressure on people approaching retirement, according to MGM Advantage.

Ask the Expert

How can I diversify my pension savings in a risk-averse way?

A 66-year-old man wants advice on how to diversify his pension fund so that the growth matches his income-drawdown requirements.
Can I sell my pension fund?

A 46-year-old man wants to know if he can sell his pension fund valued at £80,000 immediately.
Can I withdraw money from a pension fund that is paying out to me?

A reader wants to know if they can access all of the funds invested in a pension fund that is already paying out some money to them

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