{"id":21991,"date":"2016-08-04T22:57:18","date_gmt":"2016-08-04T15:57:18","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-interest-rate-cut-is-a-hammer-blow-for-workplace-pensions\/"},"modified":"2016-08-04T23:12:35","modified_gmt":"2016-08-04T16:12:35","slug":"uk-interest-rate-cut-is-a-hammer-blow-for-workplace-pensions","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-interest-rate-cut-is-a-hammer-blow-for-workplace-pensions\/","title":{"rendered":"UK interest rate cut is a 'hammer blow' for workplace pensions"},"content":{"rendered":"


\nPension payouts could fall to record lows as companies see cost of maintaining final salary schemes soarPension savers could be big losers from the Bank of England rate cut, as critics warned of a \u201chammer blow\u201d to workplace schemes and forecast that pension payouts would fall to record lows.Within minutes of the Bank\u2019s decision to cut the base rate to 0.25%, yields on government bonds, otherwise known as gilts, dived to all-time lows. Continue reading…
\n
\nSource : theguardian.com
\nRead more…UK interest rate cut is a ‘hammer blow’ for workplace pensions<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Pension payouts could fall to record lows as companies see cost of maintaining final salary...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-21991","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-5IH","jetpack-related-posts":[{"id":74718,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/youngest-staff-to-be-given-uk-workplace-pensions-as-qualifying-age-is-cut\/","url_meta":{"origin":21991,"position":0},"title":"Youngest staff to be given UK workplace pensions as qualifying age is cut","date":"December 17, 2017","format":false,"excerpt":"\r Those aged between 18 and 21 will be automatically enrolled in workplace schemes amid Tory worries about young voters\u2019 prospectsYoung people aged 18 to 21 who are earning \u00a310,000 or more will have to be automatically enrolled into workplace pension schemes for the first time to help them save\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6712,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-pension-warning-despite-rise-in-take-up-of-workplace-schemes\/","url_meta":{"origin":21991,"position":1},"title":"UK pension warning despite rise in take-up of workplace schemes","date":"March 3, 2016","format":false,"excerpt":"\r More than six in 10 workers paid into pension schemes in 2015, but millions are still unable to access themMore than six in 10 workers were signed up to workplace pensions in 2015 as automatic enrolment continued to be rolled out in companies.This was the highest number of workers\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5328,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/widows-and-widowers-pensions-could-be-axed-under-new-proposals\/","url_meta":{"origin":21991,"position":2},"title":"Widows and widowers' pensions could be axed under new proposals","date":"November 10, 2013","format":false,"excerpt":"\r Pension for surviving spouse and inflation linking threatened under plan to make final salary schemes affordableWidows and widowers could lose their entitlement to payouts from their spouse's workplace pension under proposals outlined by the government to make final salary schemes more affordable for employers.Firms have been closing final salary\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5330,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/women-hit-hardest-by-auto-enrolment-pensions-change\/","url_meta":{"origin":21991,"position":3},"title":"Women hit hardest by auto-enrolment pensions change","date":"March 30, 2014","format":false,"excerpt":"\r Raised earnings threshold for auto-enrolment means 170,000 fewer people qualify for employer's schemeThousands of women working part-time will not be put into their workplace pension under the auto-enrolment scheme when the earnings limit rises next month.Workers are being gradually enrolled into pension schemes since auto-enrolment was introduced in October\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":56148,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/serious-fraud-office-warns-of-120m-pension-scam\/","url_meta":{"origin":21991,"position":4},"title":"Serious Fraud Office warns of \u00a3120m pension scam","date":"May 27, 2017","format":false,"excerpt":"\r Retirees have been persuaded to switch all their cash into schemes involving self-storage facilities and there are fears they may have lost huge sumsFears are growing that large numbers of people may have lost huge sums of money after investing their retirement pots in \u2013 of all things \u2013\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":149908,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-new-uk-rules-on-pension-inheritance-may-mean-for-you\/","url_meta":{"origin":21991,"position":5},"title":"What new UK rules on pension inheritance may mean for you","date":"March 22, 2025","format":false,"excerpt":"\r Most workplace pensions will attract inheritance tax from 2027, so older people should consider their optionsRich retirees splashing pension lump sums to avoid \u2018IHT raid\u2019At the moment, pensions tend to be outside people\u2019s estates for inheritance tax (IHT) purposes. But last autumn Rachel Reeves announced that money left in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/21991"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=21991"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/21991\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=21991"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=21991"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=21991"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}