earlier than the state pension age, albeit a smaller, reduced pension.sion age is on the move. the conservatives say they'll ensure it reflects increases in life expectancy. labour rejects changes beyond 66, it'll have a review. the lib dems stick with current policy, which means at least 68 eventually. there's a law which forces the government to reassess when future generations can get their pension, so whoever wins the election will have to decide whether they dare make people wait until 70. simon gompertz, bbc news. the way that law is framed, every government of a normal length has to look at state pension age. that was underway before the election was called and ministers were going to make an announcement about it. it's been conveniently forgotten and put on one side because no politician wa nts to on one side because no politician wants to talk about the idea of making people wait until they are 70 for their pension but once the election is over and in the months afterwards, ministers, whoever they are, will have to look at the issue again at dec

but there will be a state pension.000, for an average as, how do they savour a pension at the same time? have any other parties addressed that? disappointingly we saw very addressed that? disappointingly we saw very little from the party to find out what they will do to help younger generations to save and invest for their future. there was reference in the conservative manifesto to a long—term ice. there was talk about extending the enrolment programme, introduced as pa rt of enrolment programme, introduced as part of a cross—party agreement. but overall, the parties have had very little to say about this policy imperative of helping younger generations to save and invest for their future. so generations to save and invest for theirfuture. so in generations to save and invest for their future. so in answer to the question, there are two areas to look at. one is a work based . l -l other areas look at is the lifetime isa. it was introduced by the last comment. you get a top—up from the government of 25%. we are talking

i've got a mom who depends on her state pension. i'm sure many of your viewers know someone who does. and all of us our taxpayers, so we help fund these pensions. what's important for us to realize about it is that in the future, this will move us to a system that is fair to employees and fair to taxpayers. between now and the future, though, there are some work we have to do, principally around the unfunded liability that this bill doesn't have much impact on, and that's now about $60 billion. it is vital that we address that, both for the security of those retirees and also for all of us taxpayers, and for the state's ability to do things like invest in our common future. now, one part of this bill that almost no one has noticed, that i think is really worthy of attention, is it shines a spotlight on something i've tried to shine a spotlight on, and that's the amount of fees that we're paying in both pension systems. the bill sets up two fee commissions, one for each pension system, and asks them to reduce their fees, which is pre

trevor will be back later and we will be grilling him about pensions.e been in touch about what you think will happen when you retire or get older. keep your comments coming in. this is all to do with the number of young people who don't have any sort of savings for old age. it is not just young people either. middle—aged. still to come... we'll meet the woman whose software firm is aiming to automate human resources in nigeria. but is it a good idea to take the personal out of personnel? you're with business live from bbc news. when i was little, i used to go strawberry picking. it was great fun. we ate more than we brought home but it was great. think of summer — maybe you think of strawberries, raspberries or salad tomatoes and lettuce. all that fresh stuff that is in season in the uk. but there's a warning today that british farms can't hire enough workers to pick the fruit and salad, with more than half of farmers saying they don't know if they will have enough migrant workers to harvest their crops. many growers blame the weak pound, which has red

whoever promised these kind of pensions were imbeciles or liars. you can't come to the conclusion when you pay the outrageous pensions for 20, 25-year careers. david: so mark, don't pay off the damn liars. >> look, i think this needs to be put in context. illinois is not a high spending state, but it has monumental pension liabilities as you mentioned and it's going to have to raise taxes to pay those off and cut spending. i think it's going to have to do a combination of both or a situation where the bond market is going to collapse. david: well, steve, already we've had examples of illinois raising taxes and people vote with their feet, by the way. illinois has lost more residents in 2016 than any other state. people want to get out of there because they think they're being charged too much by the state. >> yes, david, and this is the third year in a row that has happened. companies are leaving illinois which is why they have to throw tax credits and try to bribe them to stay that. if you want to see what's right two neighbors, wisconsin and indi

as the cost of pensions — and the number of pensioners — continues to rise, what will be the impact ofate 90s. the snooker room, i have here to show you. just giving you a look around. there are shops here. a gym. there is a hairdresser. table tennis and other sports. restau ra nt table tennis and other sports. restaurant and bar. when you are talking about the cost of looking after older people, this sort of place could be the future because some wealthy people here and some not so wealthy. i know you are probably wondering what the rooms alike. let‘s have a quick look around. welcome to one of the one—bedroom flats. there are two bedroom flats as well. this would cost you around £215,000. but of course, a lot of people rent as well. the rent on this living room is £115 a week. it increases to 200 if you include the service charge, which everybody does pay. according to your means, you could pay as little as £30 a week to live here. there is a kitchen and of course a lot of the facilities in this place, snooker, bar, restaurant, jim. some people have a level of need that they can only

mexicanos que han revisado a su paÍs y cumplen con ciertos requisitos podrÁn recibir una pensiÓn ssegÚnl. comienza la ediciÓn nocturna. ♪ locutor: este es su noticiero univisiÓn edición nocturna con ilia calderÓn y antequera acevedo. ilia: los republicanos en el senado presentaron su plan de reemplazo del obamacare y p pretenden aprobarl antes de que termine junio. ha generado divisiones y dudas entre los mismos conservadores. el borrador consta de 142 pÁginas e incluye grandes recortes amÉrica y y eliminarÍa ciertos impuestos que contempla la reforma sanitaria. una de las mÁs fuertes crÍticas estÁ en la carga que el plan representa para personas mayores que tendrÍan que pagar hasta cinco veces mÁs por su seguro. pablo: una fuerte protesta enfrente de la oficina del lÍder republicano del senado fue la primera recepciÓn de la propuesta para eliminar el obamacare. " obamacare no funciona mÁs. los estadounidenses sufrirÁn sino hacemos algo". " me gusta la propuesta. va a ser muy buena", afirmÓ trump. la oposiciÓn demócrata es un anime. >> medicaid es para niÑos, viejitos y gente con discap

the pension cuts began in 2010. there have been many, many more cuts in the pensions.and that which is why, the people, believe tsipras might be the guy to say enough is enough. well, you know, you are a member of the eurozone and you have to continue as a member of the eurozone because that was a mandate that this government had and therefore, you need to negotiate the best possible solution you can negotiate. and i think at the end of the day, if you were to look at what has been negotiated, it's actually a plan at some significant cost, no doubt about that — the pension cuts and tax rates — but the fact is you have to take a look at what it is. you've got a roadmap to the fiscal balances, you've got an indication that the debt is going to be resolved in a serious way. crosstalk. the debt mountain problem. where is your evidence? i'll come back to it but let me complete it. yeah, but i can't let you get away with statements that simply aren't born out of any evidence whatsoever. i'm not afraid to answer your question. what i'm suggesting is if you look at the total p

their pensions.at the bank of england which may be drifting towards an interest rates sooner drifting towards an interest rates sooner rather than later said it will be later. it has been a big week for central banks this week. mark carney give quite a strong impression this week that he would be minded under certain circumstances to start thinking about raising interest rates, which we have not done for ages. only ten days beforehand he was saying that specifically that now was not the time to do it. there is not so much clear blue water between the state m e nts clear blue water between the statements as may one appear, but there is a shift in mood globally, both that the bank of england and the european central bank and elsewhere to say, we might be starting to edge towards getting interest rates back to normal but eve ryo ne interest rates back to normal but everyone is saying but we need to do this very carefully because we have not been in this situation before, we have been sold for so long, w

, work and pensions, david gauke, work and pensions, david gauke —— damian green, secretary of state,ary of state to the treasury. but alun cairns, minister, secretary of state for wales. he is on the move. our correspondent is in downing street. a vacancy at the welsh office but let's start with the liam fox appointment. this is curious. greg clark has also been reappointed and the senior ministers have been appointed, the big jobs, as it were. then liam fox comes in and is reappointed. does that suggest that he might have been offered a move and said no?” wouldn't like to speculate. it's very dangerous to do that at this stage. i certainly wonder what happened in his chat with theresa may when he went in. as you say, the hypothesis is you coming and are invited if you get a newjob. liam fox staying in his role as the secretary of state for international trade. you could say he hasn't been terribly busy up till now but brexit negotiations haven't got under way properly so there hasn't been an awful lot of need to organise to new international trade. chris grayling coming in now. mr g

earlier than the state pension age, albeit a small and reduced pension.ensure it reflects increases in life expectancy. labour rejects changes beyond 66 — it'll have a review. the lib dems stick with current policy, which means at least 68 eventually. there's a law which forces the government to reassess her when future generations could get their pension. so whoever wins the election will have to decide whether they dare make people wait until 70. simon gompertz, bbc news. asi as i said, i'm at a retirement village in birmingham. and we are going to test some of the issues on some of the residents here. first, lesley, what do you think about the idea of today's young people having to wait until they're 70 pick up the state pension? well, i think it's a very u nfortu nate state pension? well, i think it's a very unfortunate but fair event. because of the length of time for eve ryo ne because of the length of time for everyone living. i'm sure that my pension providers, including the state, didn't ever dream that i would still, they would still be paying m

sarah: the pension law changes. initially, the pension law only covered men who had been disabled in service during their time in the war. after the war is over, it changes couple of times. by the time chamberlain was dying in the early 20th century, it covered anyone who had served in the war. >> what do you think the army learned from the treatment of troops on the field from the civil war? ashley: i don't think either of us doesn't on on-field surgery. a lot of what i have learned is about triage and the way they would bring people back. how were they deciding who to treat when. >> getting them off the field. sarah: getting them off and back to hospitals away from the frontlines. >> does treatment during the war change over the course of the war? they start the war in 1861. is the treatment better in 1865? have they gotten better? >> they had gotten better at providing care and they were a lot more organized. the army medical department becomes a lot more organized over the course of the war. the other thing they

secretary says has a ratchet effect because pensions go up ratchet effect because pensions go up byp by the hire of inflation or earnings and it is unsustainable. but it seems to be that, according to the initial reports... sorry about those pictures. we will go back to those pictures as soon as we can but those initial reports are that the pension strip a lot stays in place and also winter fuel payments, so a considerable commitment on expenditure by the tories if that is the case. it was in the tory manifesto that the triple lock would be reduced to a double lock so yet more unpicking of the party manifesto we assume since the party manifesto we assume since the election when the tories lost the election when the tories lost the majority, hence being a situation of doing the deal to get the support of those ten dup mps. we will be back with you at the moment, gareth, bulatov go to downing street because chris is there and i know you keep looking over your shoulder to see if anyone is coming out. we are hoping they will be out soon and we can heara are hoping they will be out soon

>> pension freeze. more companies are changing their retirement plans. the y. more tonight on "nightly business report" for wednesday, june 28th. >> good evening and welcome. it was all about the banks today. it could today in an indication how much healthier the financial system has become, the federal reserve gave the biggest u.s. banks the green light to use their extra capital for stock buy backs and more dividends. good news for investors looking for extra income. kayla has more on the final results of the central bank's so-called stress test. >> for the first time since the financial crisis, the federal reserve has not rejected any of the capital plaps submitted by the 34 banks getting stress testing, b finding the companies to be sufficiently capitalized while weathering a recession. capital one is required to resubmit its plan within six months or risk shareholder payouts getting frozen. it exceeded the threshold, but didn't want adjusted returns before the results were out last thursday. american express did the same as one of its capital levels was be

it doesn't change the pensions of employees hired before 2019.he current dead ridden planned crushed the state's ability to pay its bills since 2011. we sat down with governor wolf yesterday he's got his pen ready to sign it into law saying it is critical to the future of pennsylvania's fiscal health. >> the expense is going to be there for while. you know till -- i'd like to be governor in 2037 because the spent hers for the state will go down by billions of dollars because such a big chunk of this is the pension. >> supporters of the new pension plan say it had lawmakers from both sides of the aisle actually working together to make this happen. something they say harrisburg hasn't witnessed in years. see it shoot it then zen it to us. our fresco users are showing us what's going on in your neighb neighbor. iain, what do you have tonight. >> lucy fresco user tony takes to us delaware county you can see a dump truck overturned it happened at the intersection of south sprawl road and read road in marple township. led to big delays this afterno af

now it's come home to roost. >> and the pension reform just passed in harrisburg.ing it the word "reform" seems a little e tom wolf, showing that he and republicans are getting something done? >> that's true. it is a start. it could help tom wolf quite a bit, 'cause he needs some things that are gonna help him, and this will certainly be one. >> and the guy who, today, at least, looks like to be his opponent in the fall, which would be senator scott wagner who's one of two or three who voted against it, saying it didn't go far enough. >> and, very quickly, on chris christie, quinnipiac came out with a poll, and they pretty much said he found the floor and fell through it in terms of being considered the worst governor. i mean, just the rating's incredibly low. he has said he doesn't care, that he's looking to history. when i saw that poll, i wondered, "can you really say that at this moment, that after some of the ups, for it to come this far down?" >> does it matter if you're 34% or 14%? at this point, does it really matter? i think i believe him. i don't think it

equities based on public pension fund data has slowed has it reversed?re there long-term investors? >> we can talk about global trends there is an overall shift to equities fixed income is yielding low returns. negative in some cases to give you an example of japanese pension funds, the gpif, one of the biggest public investors that we track. in april of 2015 it was allowed to shift allegation because of a constraint to invest more in japanese government bonds it shifted a lot of that to equities we expect that to continue >> what happens to some sovereign wealth funds in the gcc or in russia, in norway? those funds which have been so heavily reliant on what the oil prices are doing in 2016 we saw a rise after the opec announcement. but then this year a whole lot of volatility and some pretty big price declines how are they dealing with that impact >> they've been significantly challenged a lot of those economies have been drawing down on funds sovereign funds, their whole purpose was to save in the good times, use them in the rainy times. that's what a

fund your pension fund needs yield with. it's going to has to pay out pensioners retired right now and they are assuming an eight to nine percent return treasuries are only returning less than two percent or two percent so they they need ilda in there they're desperate there and they're calling up jamie dimon every day saying come on you got to got to find me some yield if you don't find me he'll i'm going to go to another bank so he's he goes to the car dealership hey you got any subprime auto loans so it is a feedback mechanism and i want to say you know i mean this is like a step down from housing because member after the subprime crash many americans moved into cars they moved into their cars and that was the one thing in the way america infrastructure set up and of course trump hasn't got us trillion dollar infrastructure plan going you've got to have a car so i guess they assume this is a sure bet you're going to win with this but this kind of reminds me of like leading up to the great depression the previous massive c

it doesn't change the pensions of employees hired before 2019. the current debt ridden plan has crushed the state's ability to pay its bills since 2011. we sat down with governor wolf yesterday. he's got his pen ready to sign this into law saying it's critical to the future of pennsylvania's fiscal health. >> the expense is going to be there for awhile. you know, till 2030 -- i'd like to be governor in 2037 the expenditures for the state will go down by billions of dollars such a big chunk of this is the pension. >> supporters of the new pension plan say it had lawmakers from both sides of the aisle actually working together to make this happen. something they say harrisburg hasn't witnessed in years. >>> tonight local lawmakers are saying enough is enough in the wake of recent crimes. >> it involves people with dissables being attacked. fox 29's joanne pileggi is live in west chester right now with the story. joanne? >> reporter: iain, two pennsylvania lawmakers want stiffer penalties for criminals who attack people with dissabl dissables. they

. >> nearly 25% of illinois' total budget goes to pension programs.gh, too >> what does illinois have to do to fix this problem? joining us now is the senior fellow from the manhattan institute on debt and institu s institutes and let me be clear here lou, i want people to understand that you manage pensions for local moneyalti mon municipalities and not for the sta states, you don't get any state funding, correct >> correct >> your pension fund is 90% funded compares to the state of illinois which is less than 40%. >> that's correct. >> you got any ideas for them? >> well, you know the problem in illinois has been fairly consistent that the state did not fund five pension funds and actually between 85 and 2012 the state under funded those systems by $41 billion that puts you behind the eight ball >> all right, do you have any idea of how they can make it up or what they have to do from here >> the pension is difficult to make up. when you mention $20 billion and unfunded liabilities here is the problem with that. that's not just money they promised t

again by 20%. 70% of our now, pension has been taken. they are going to take more. we have to fight back. >> the government is hoping debt relief will condense the desk convince the ebc to buy bonds. that would help restore investor confidence. with more than 25% of greeks unemployed, the debt now stands at over 300 billion euros, double its annual economic output. genie: we are continuing to see fallout economic scene after the surprise defeat the conservatives in the election. dramaticave shown a drop in confidence. almost all medium-size businesses and trade associations are calling for a softer approach to brexit negotiations. they seem keen to avoid the shock from the single european market. most political analysts up with the chances much lower since the tories lost their majority in the house of commons. the brexit secretary seems to be indicating the negotiating plan is not changed. >> what we want to do is have a free trade agreement. we want to get as close to possible is matching single market. what happens if we don't get a d

and snp mps will be strongthe voices for their pension.y manifesto is nothing thort of an assault on pensioners from the dementia tax to the removal of the winter fuel allowance and ending of the triple lock. to every older person in scotland i say this. it is very clear that the tories think they can take the votes oy many older people for granted, and their manifesto makes clear what he will do if given the chance. if you don't want them to have a free hand to remove your hard-won protections, make sure you elect strong voices that will stand up for you. [applause] >> the snp will protect the winter fuel allowance and with pension or poverty once again on the rise, we will oppose the removal of the pensions triple lock. we will also be voices for thehe women who have been shortchanged due to the timetable for entry into the women state pension.l snp mps will continue to give support for the campaign. [applause]t the tories >> it seems clear the tories are planning to cut deeper to cover the impact of their plans extreme brexit. these cut

the country spends around 11% of its gdp on pensions, thatis around 11% of its gdp on pensions, thateloped economies and it is set to double in the next a0 years. brazil's debt is also growing, doubling in the past three years. without reforms, the imf says that debt could balloon to 90% in five yea rs. debt could balloon to 90% in five years. president michel temer has been pushing reforms to get the economy back on track, but he is now embroiled in a corruption scandal which could see him forced out of office. the question is, if he goes, will his reforms survive? is -- if the current president has to step down, iam the current president has to step down, i am certain that politicians would find a new president who is committed to these reforms. changes needed, but the proposals are unpopular. —— change is. there is little appetite for more pain, but without more reforms, the recovery could prove short lived, bringing the prospect of yet more unrest. a quick look at the markets now. this is how the asian markets finished. we are out of time, i'll see you soon. finished. we are out

he was in the department for work and pensions, he has not come outjets department for work and pensionsot come out jets to tell us that he has a newjob. we have seen liam fox walking in on the last few minutes. he is the secretary for international trade, minutes. he is the secretary for internationaltrade, but minutes. he is the secretary for international trade, but we do not know if he will remain there. lots of people coming in, david gauke, the treasury minister, he has been tipped for bigger things, he was a treasury minister. we do not all of hisjob might treasury minister. we do not all of his job might have treasury minister. we do not all of hisjob might have been changed and he could have been promoted. quite a queue of people coming in, i would suspect there is a queue waiting to see the prime minister. but we have not heard what any of these newjobs might be. we know that the big, big jobs have been taken, there has been no movement in the home office, foreign office, defence ministry or indeedin foreign office, defence ministry or indeed in the treasury. so those big jobs

it also supports the rise of pensions with inflation known as the pensions triple lock. while not official party policy, it's previously appointed a denier as environment minister and counts creationists among its senior members. >> the u.s. president donald twitter silence following yesterday's testimony from the former fbi director james comey. suggesting the president had attempted to influence the investigation into last year's election. and complete total vindication. claire rush tells us more. >> moving on, brazil's top electorate court. what was a very close political corruption case, which determined whether or not he is stripped of his office. this is the way claims of the in4 presidential election, which the vice president was one thanks to legal campaign money. from 2016 when she was impeached, and also forced to step down. it would be brazil's second leadership practice in more than a year. for more we can cross to anthony , a visiting researcher at the international relations institute of the university of -- .hank you for speaking to us which way do you thi

and snp mps will be strong voices for fair pensions. the tory manifesto is nothing short of an assault on pensioners, from the dementia tax, to the removal of the winter fuel allowance, and the ending of the triple lock. to every older person in scotland, i say this, it is very clear that the tories think they can take the votes of older people for granted and the manifesto makes clear what they will do. if you don't want them to have a free hand, make sure you elect strong voices who will stand up for you. [ applause ] the snp will protect the fuel allowance and with pensioner poverty on the revise we will remove the triple lock. we will be strong voices for the women who have been short changed due to the accelerated time table for increases in the women's state pension age. snp mps will continue to give full support to the campaign and their efforts. [ applause ] it's clear that the tories are planning to cut deeper to cover the impacts of their planned extreme brexit. these cuts are hurting the low paid and pensioners and they are d

at least according to one pensioner. you just ta kes a according to one pensioner.tually. the met office confirmed that today was the hottest june met office confirmed that today was the hottestjune day since 1976. in fa ct, the hottestjune day since 1976. in fact, it hit 3a.a degrees. not everywhere was sunny today. this was newcastle. there was also rein in scotland. in southern areas, keeping cool scotland. in southern areas, keeping cool, not dry, has been the priority on this, the longest day. the headlines: it isjust the headlines: it is just after 11:15pm. the government has set out a range of measures to bring into law with brexit at the top of the agenda. mps have debated the speech in the commons. the prime minister said her government could tackle the challenges the country faces. jeremy corbyn says the government is in chaos. in the last minutes police have said two men have been killed after a crane collapsed at a building site in crewe and another was airlifted to hospital. the duke of edinburgh is in good spirits but is spending a second night in hosp

earlier than the state pension age, albeit a small and reduced pension. population ageing. thanks for talking to others. most people are aware there is a likelihood they will have to work longer and at an older age, but i suppose what this is bringing up is just how people are now expected to be living way beyond 100 in some cases. what isa way beyond 100 in some cases. what is a reasonable age then or a reasonable expectation of how old we should be when we stop work?” reasonable expectation of how old we should be when we stop work? i think the expectation in terms of stopping working is more to do with the individual capabilities of being able to work and in one way we seem to be fixed in a time warp where we worked in onejob to be fixed in a time warp where we worked in one job all to be fixed in a time warp where we worked in onejob all our to be fixed in a time warp where we worked in one job all our lives and quite frankly for some very demanding jobs, the sooner we could stop, the better. but that doesn‘t mean that we should stop working. remainin

winterfuel payments for pensioners.otland and wales have condemned the deal — other parties have raised concerns that the deal will cause problems in northern ireland. our political correspondent iain watson reports. why has it taken so long? theresa may had wanted to seal a deal with the dup soon after the election, but it's taken two and a half weeks. so it was with relief that she came out to greet her new allies and potential political saviours in downing street. the dup leader, arlene foster, admitted progress had been slow, but her claim to be at the heart of uk politics seemed to be borne out by the signing of a formal agreement with the government. today we have reached an agreement with the conservative party on support for government in parliament. and she swiftly announced which parts of the conservative manifesto she'd succeeded in vetoing. both parties have agreed there will be no change to the pensions triple—lock and the universal nature of the winter fuel payment across united kingdom. and she revealed h

the first public pension fund in the united states to divest from private prisons. now we should call for investment in schools and day care centers. it's father's day today. let's invest in parents and give them the resources to keep kids away from the incarceration mob that wants to make money off the backs of their children. in terms of corporate board diversity, we do have corporate boards that are -- they look like me, better suits. they're not reflective of the country, and now we have to make sure that every child, women, african-american, latino, kids who get the best education, they get to these corporate companies, they get stuck on the eighth floor. we have to get them to the suite and the corporate boards and that's how you change america. you have been a leader in that. >> thank you, scott stringer. happy father's day to you. >>> later in the show, thousands of protesters gathered friday night after jury found the police officer not guilty in last year's fatal shooting. a motorist, philando ca oo cast. i have lot to say about that. >> donald trump's for

what was his plan was elected the unfunded pensions? biggest issues here than almost $200 billion of unfunded pensions? >> that is one of the biggest issues. about $130 billion of unfunded pension liabilities. 20 billion in just one year. that's not the only issue that exists in chicago. but in chicago rather illinois. from the manual is also somebody who needs to be voted out like speaker michael jay madigan. this is an individual who actually only cares about illegal immigrants at this point i'm pretty much no one else. they speak to that that impact in my little brother, my younger brother was in the car with three of his friends when it was riddled with bullets. elizabeth: we need the police to stay on the payroll. we need everything up and running. i'm curious about the fact our viewers at home all over the country say why should i care? they should care because who's going to pay for this? >> the citizens of chicago in illinois are looking to get bills about the federal government. the leadership refuses to sit down and say look,

if you're going to solve it with pension, freeze the pension. an obligation down the road. >> i think pennsylvania just made some changes alopg those lines. scott writes in an e-mail weighing in on germany's social media story, he said banks and financial services have been forced to spend billions to find money laundering relating to sanctions, terrorism, et cetera. social media tech companies have been exception and i agree with him. tech is the nwall street. >> absolutely. >> about our decision on cable bundles -- he went from paying $164 a month to 45 90 channels. no contract, no brainer. >> i know you're supposed to live in the present not the past, but i just miss the days when you walked over and turned on the television and had 13 channels to choose tr. >> pam e-mails us of course i will pay that. meaning how much the service cost, but not for one that i have to cook >> come on, pam. cooking is fun it's restful >> and anytime you want me to come over and eat what you've worked so hard on, i -- >> you and mr. evans are welcome to come ove

our investments, pensions, all of that. money. that's why the regulator is getting involved and they say it involves all sorts of things, where it's a personal or work pension. maybe it is some of the people who have a defined contribution pension scheme. you put your money in, every month, that's invested in the stock market and you hope you get a bigger return. the regulator says it is vital but there's not much scrutiny of the charges and fees imposed on these and where you make an investment it could cost you thousands of pounds in costs and that's really important. they say it is about improving transparency. let me talk you through some of the numbers. it affects three quarters of all uk households that have a pension. and as more and more of us get involved in where that money is going, it is very crucial that we keep a night on how the money is being invested. the financial conduct authority wants better scrutiny of those charges and fees and says we simply aren't getting value for money, we don't really have any id

guarantees that state pension screw—up by at least 2.596 state pension screw—up by at least 2.5%a stateake way to secure the steel and of course remember that without the steel theresa may would not have been able to government with a majority. it was key to her being able to get on with the governing of the day. has she been left much strengthened and bold question mark i don't think so. she is perhaps less wobbly but not so strong. the point was made, why shouldn‘t the citizens of northern ireland have as much money as scotland and wales, but the concern has all those been the money goes to not only risk amenities that back the dup and i suppose it sinn fein wanted guarantees that some of this money will be spent in their areas. absolutely. especially the money around infrastructure. we‘re talking about £400 million. the only project specified in the deal is a major road infrastructure in belfast. sinn fein would like to see money spread farther west because there are two major rd schemes they are that drastically need funding and they will be keen to see that whatever money is left o

pensions dropped by 45%. if you take living standards and hygiene, people in ukraine might have real problems in terms of getting washed or unwashed. it would be a big question sometime in the future, which country is unwashed. certainly, you can find lots of examples in russian and ukrainian literature that would be really, really a hit, but i would not do it. i would not use the same kind of language in response to petra poroshenko, to our shared history, our shared religion. if you want to be a true european, close your accounts -- close your offshore accounts first, and then talk about the benefits of the people. more than 170 years ago, it was said that ukraine has been fighting, and it fought to the edge of extremity. it is ukraine's own children who has been punished more than the poles. i hope this time in ukraine;s history -- ukraine's history, it will be over. >> hello, mr. putin. i am in mesa city, arizona, usa. i am your big supporter. i am very pro-russian, and i wish you good health and success

ballooning pension liabilities and the effort to quell them ups had a nearly $10 billion pension shortfallght of this, we've got more plans that are being frozen with employers shifting to hybrid pensions and defining contribution plans like those 401(k)s. from 1998 to 2015, the percentage of fortune 500 employers still offering the defined benefit plans to new hires fell from 59% down to 20%. and 39% had frozen pension plan altogether some of the names that have frozen plans kimberly-clark, boeing, aig, u.s. steel, just to name a few many companies like gm and united tech and last month, sears, are now offloading those obligations to insurers. most notably, prudential and metlife, this makes the balance sheets less volatile and creates a source of growth for multiline insurers so we're seeing a shift away from traditional pensions and then we're seeing those frozen pension plans shifted to insurers guys >> morgan, thank you morgan brennan. >>> it's day three in court for martin shkreli who is being charged with price gouging he's so disliked that the court is struggling to find impartial

damian green is moved from work and pensions to the cabinet office.retary liam fox has also entered number ten. this is the scene live in downing street, where an announcement is expected soon on further appointments. alun cairns, secretary of state for wales and the transport secretary, chris grayling, have bothjust entered number ten. downing street and the democratic unionist party have both insisted that no parliamentary pact has yet been agreed between them. the former chancellor, george osborne, has described theresa may as, "a dead woman walking". labour leader, jeremy corbyn, says there could be another election soon and he is preparing an alternative queen's speech. good afternoon, let's just recap on some fast moving political developments now. in the past few minutes, theresa may has announced a cabinet reshuffle, although the main roles, such as chancellor and foreign secretary will not change hands. here's what we know so far... damian green is made first secretary of state and cabinet office minister. a promotion to a key role for an old

so a big chunk of this is the pension. >> supporters of the new pension plan say it had lawmakers fromoth sides of the aisle actually working together to make this happen. something they say harrisburg hasn't witnessed in years. >>> attacks on people with disabilities. some lawmakers are saying enough is enough. so they're taking action to take down those who would do such horrible thing. ♪ >> early police reports say someone shot a dog on unruh avenue tonight. details are still coming in. we do not know how that dog is doing or why someone shot it. >>> happening now, tonight local officials are saying that enough is enough in the wake of some recent crimes. >> two pennsylvania lawmakers want stiffer penalties for criminals who attack people with disabilities. fox 29's joanne pileggi has that story from west chester. >> reporter: it's evidence like this in stories like this that make many wonder about humanity. >> i think there has to be stronger penalties for creating such horrendous crimes. >> reporter: audrey, watched the videos in horror. she's the head of a non-profit in philly th