{"id":24200,"date":"2016-08-28T02:30:11","date_gmt":"2016-08-27T19:30:11","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/brexit-will-put-75-of-workers-at-risk-of-pension-shortfall\/"},"modified":"2016-08-28T02:30:56","modified_gmt":"2016-08-27T19:30:56","slug":"brexit-will-put-75-of-workers-at-risk-of-pension-shortfall","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/brexit-will-put-75-of-workers-at-risk-of-pension-shortfall\/","title":{"rendered":"Brexit will put 75% of workers at risk of pension shortfall"},"content":{"rendered":"<p>&#013;<br \/>\nPeople will have to save more for pensions to have income they were on course for before Britain voted out, say City expertsThe Brexit vote is having \u201cterrifying\u201d effects on the pension schemes of millions of British workers, with 75% of people now expected to have a retirement income below the government\u2019s recommended level, City experts warn.Leading pensions consultants Hymans Robertson say the combination of interest rates and weaker projections for growth post-Brexit mean people will have to save far more towards their pensions to receive the level of income they were on course for before Britain voted to leave the EU. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2016\/aug\/27\/brexit-millions-risk-pension-shortfall-city\" target=\"_blank\">Brexit will put 75% of workers at risk of pension shortfall<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; People will have to save more for pensions to have income they were on course&#46;&#46;&#46;<\/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-24200","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\/p75ss1-6ik","jetpack-related-posts":[{"id":21110,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-to-negotiate-the-pensions-minefield-in-brexit-britain\/","url_meta":{"origin":24200,"position":0},"title":"How to negotiate the pensions minefield in Brexit Britain","date":"July 27, 2016","format":false,"excerpt":"\r The vote to leave the EU has seen annuity rates fall sharply. But would-be retirees still have other options Margaret Lawson is relieved that she bought an annuity in April before the rates sank any further. It was an astute decision by the 66-year-old dairy farmer. Since the vote\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":51665,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-older-expats-facing-poverty-thanks-to-brexit-and-frozen-pensions\/","url_meta":{"origin":24200,"position":1},"title":"The older expats facing poverty \u2013 thanks to Brexit and frozen pensions","date":"April 12, 2017","format":false,"excerpt":"\r The fall in the pound\u2019s value coupled with post-EU uncertainty and pension regulations has led to alarm over the plight of many older British expatsAnne Puckridge isn\u2019t scared for her future yet. But thanks to the post-Brexit fall in the value of the pound, that time may soon come.When\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22548,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/big-cuts-for-royal-mail-and-post-office-workers-pensions\/","url_meta":{"origin":24200,"position":2},"title":"Big cuts for Royal Mail and Post Office workers&#039; pensions","date":"August 11, 2016","format":false,"excerpt":"\r Backlash expected over part-closure of defined-benefit schemes, which companies say are unaffordableNearly 100,000 workers at the Royal Mail and the Post Office are likely to be the earliest victims of the post-Brexit turmoil in markets as the companies plan big cuts to their \u201csimply unaffordable\u201d pension schemes.One manager in\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21228,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-wages-fall-pensions-in-brexit-britain-and-penthouses-for-sale\/","url_meta":{"origin":24200,"position":3},"title":"UK wages fall, pensions in Brexit Britain, and penthouses for sale","date":"July 28, 2016","format":false,"excerpt":"\r Plus rents fall as Brexit makes landlords nervous, the secrets of a happy business and sexual harassment at workHello and welcome to this week\u2019s Money Talks \u2013 a roundup of the week\u2019s biggest stories and some things you may have missed. Continue reading...\r \r Source : theguardian.com\r Read more...UK\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17822,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/annuities-take-a-hit-as-rates-fall-following-brexit\/","url_meta":{"origin":24200,"position":4},"title":"Annuities take a hit as rates fall following Brexit","date":"June 27, 2016","format":false,"excerpt":"\r Retirees thinking of using their pension to buy an annuity to fund their retirement are advised to buy sooner rather than laterThe first direct hit on pensions from Brexit came on Monday morning, as pension companies began to cut the amount they will pay people who are newly retiring.Just\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":87173,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pensions-is-it-right-to-charge-45-55-tax-on-incomes-above-26000-patrick-collinson\/","url_meta":{"origin":24200,"position":5},"title":"Pensions: is it right to charge 45-55% tax on incomes above \u00a326,000? | Patrick Collinson","date":"May 5, 2018","format":false,"excerpt":"\r High earners get 40% relief, lower earners 20%, so the poor get much less tax relief than the well-offThis is going to be a difficult column to write. I\u2019m about to make a plea for tax changes on behalf of people with \u00a31m-plus pensions. Why? Because our tax system\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/24200"}],"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=24200"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/24200\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=24200"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=24200"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=24200"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}