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Financial services are the focal point of the debate about Britain’s future in the EU. The sovereign debt and banking crises have accelerated integration in the Eurozone, a trend often seen as alien to British interests. The position of the City as the main financial services centre in Europe has become uncertain. [Read more…]
Threat to Pensions
In some countries – Argentina, Hungary, Portugal – governments have already expropriated private-sector pension funds as a means of dealing with serious financial problems. There are “warning tremors” that such policies of seizure could spread to developed nations, warns FT commentator Tony Jackson. [Read more…]
Looming Pension Crisis
Britain’s workforce needs “a new age of personal responsibility” to avert the looming pensions crisis, the latest Friends Life Visions of Britain 2020 report, entitled “Pensions: The Root Problem”, warns today. [Read more…]
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