Britain's eye-wateringly expensive state pension needs a radical rethink [Yahoo! Finance]
Aegon Ltd. New York Registry Shares (AEG)
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Source: Yahoo! Finance
And that means we're increasingly living more varied lives, including how we approach retirement. But while workplace and private pensions have become more flexible to suit individual needs, the state pension hasn't. And I believe it's time for a rethink. The state pension is a vital lifeline to millions, but it's also eye-wateringly expensive. And spoiler alert – there's no magic money pot to pay it from. Today's state pensions are funded by those paying National Insurance and income tax today. The yearly amounts run into many billions of pounds, with every 1pc increase in its level adding around another £1bn – not just this year, but in every future year. Recently, the state pension triple lock has generated bumper increases, offering a welcome relief to many state pensioners. But these, alongside life expectancy improvements and fewer people of working age per retiree, raise inevitable questions around future affordability. As the General Election fast approaches, we hol
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AEG
News
- Aegon Ltd. (NYSE: AEG) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- How to find a lost pension with an NI number [Yahoo! Finance]Yahoo! Finance
- Aegon Ltd. (NYSE: AEG) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Transamerica Appoints Robert Carney as Chief Distribution Officer for Individual Solutions [Yahoo! Finance]Yahoo! Finance
- Bloomberg donates £150k to Labour [Yahoo! Finance]Yahoo! Finance
AEG
Sec Filings
- 4/10/24 - Form 6-K
- 4/9/24 - Form 6-K
- 4/4/24 - Form IRANNOTICE
- AEG's page on the SEC website