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Moves to allow hard-up families to withdraw cash from their pension funds have won support from Bermuda Public Services Union. But BPSU president Kevin Grant, who has been demanding more help for families during the recession, urged Government to kee...

A Bill was this morning tabled in the House of Assembly allowing people to draw on their pensions if they are facing hardship. The National Pensions Scheme (Financial Hardship) Regulations 2011 was tabled by Premier Paula Cox who said: “You will reca...

June 13, 2011 Dear Sir, Members of pension funds need a new consumer protection agency created by financial reform legislation which will be able to regulate services offered by record keepers, investment consultants and officers of any credit union,...

A charity dinner promoting environmental awareness is to be hosted by the Roman Catholic Church. The ‘Rich Person Poor Person Dinner’ is a lottery event. Guests will receive either a ‘rich’ or a ‘poor’ meal although both will get the same dessert. “T...

Virtually all asset classes gave positive returns in 2010, said Premier and Finance Minister Paula Cox yesterday as she reported on the performance of the Public Pension Funds. At the end of last December: - Contributory Pension Fund’s assets totalle...