Property News · June 14, 2016

Don’t blush if asked to flash at the checkout | Brief letters


Pharmacies overhaul | Holes in pension funds | Philip Green’s knighthood | Verb for contactless payments | End of alleys correspondenceIt is to be hoped that Mark Koziol (Letters, 13 June) is right in his assessment that management changes at Boots may herald a change in business culture. But there are serious concerns about the future of pharmacies in the light of government plans to radically change the service and substantially reduce their number. Boots is not the only large company operating in this field, and the government should ensure that customers have a choice of provider wherever possible and that independent pharmacies continue to play a significant role in this key personal service.Jeremy BeechamLabour, House of Lords• The money that Tom Mahoney and his employer contributed towards his firm’s pension (Letters, 8 June) is ringfenced, but on its own this was never going to produce more than a quarter of his pension. The remaining three-quarters was expected to come from investment earnings on the accumulated fund. In the aftermath of the financial crisis, investment returns have failed to match expectations and it is this, plus pensioners living longer, that has led to the holes in pension funds.Roger DennisColchester Continue reading…

Source : theguardian.com
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