25th October 2010
LV= latest news
LV= calls for action to ensure defined benefit to defined contribution scheme transfers remain an option
Following LV='s official submission to the Department of Work and Pensions' consultation on the abolition of contracting out on a defined contribution basis, Ray Chinn, LV= head of pensions comments.
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"Lifestyle essentials" survive the downturn as brits spend £143 billion over the past year
Despite the scale of the economic downturn, British households remain firmly wedded to the "little luxuries" they became used to through the boom years, from TV subscriptions and gym memberships to weekends away and evenings out.
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