The Pension Trends report, released by the Office for National Statistics (ONS), found that the number of people paying into personal pensions fell significantly from 7.6 million in 2008 to just 6.4 million in 2009, marking a fall of 1.2 million.

Moreover, personal pension contributions fell by more than £2 billion – from £20.9 billion to £18.7 billion – between 2008 and 2010, as so many people stopped making monthly contributions to their pension pots.

The ONS suggested that the effect of the recession on many people’s finances was the main cause for people stopping their savings – with rising inflation, pay cuts and increasing energy bills all squeezing household incomes.

Concerns have been raised that a generation of pensioners may not have enough money to live comfortably in their retirement as a result.

Lord McFall of Alcuith, chairman of the Workplace Retirement Income Commission (WRIC), commented: “At a time when people need to save more for a decent retirement they are reducing their commitments. This is a vicious spiral which needs to be addressed by the Government and the regulators. They must ensure that we promote a culture of saving in the UK.”

The report, presented today by Victoria Aranda, an adviser to United Nations Transnational Investment and Development in the Ministry of Industry, Tourism and Trade (MITT) provides that the global FDI inflows exceed $ 1.2 trillion in 2010, and then continue rising to 1.3 to 1.5 billion in 2011 and reach 1.6 to 2 billion dollars in 2012.

However, the trend of FDI varies across regions. The report predicts that most regions rebound in FDI flows in 2010. In this regard, Africa has an emergence of new sources of investment and industrial progress in Asia through FDI is spreading also to other countries and industries.

Half of the six main countries of destination of FDI flows are now developing and transition countries as China, Russia or Brazil. Still, more than two-thirds of mergers and acquisitions are still taking place in developed countries.

“As regards the origin of investment, Hong Kong (China), China and the Russian Federation, in that order, are among the top 20 investors in the world,” said Aranda.

In the case of Spain, has been dropped as a recipient of both investment and imports of investment. Ranked No. 20 in FDI inflows and the post 17 in outward FDI.

Continued internationalization of enterprises

Despite the crisis, the internationalization of production companies has not stopped. The share of foreign affiliates in the gross domestic product (GDP) reached a high of 11% in 2009 and the number of employees of such subsidiaries increased slightly to 80 million. Developing economies in transition account for most of this workforce.

Assets of foreign affiliates increased by 7.5% in 2009, mainly due to increase of 15% in IEDE entries that were worth 18 billion dollars.

Clean and sustainable economic growth

The current edition of the report, which marks its twentieth anniversary, a special section dedicated to investment in low carbon economies.

The study estimates that FDI in low-carbon “has reached a considerable level” and in 2009 rose to 90 billion dollars just in the three main sectors such as electricity generation from renewable or alternative sources, recycling manufacturing and environmental technology.

“You can say that multinational companies are both part of the problem and part of the solution to the environmental challenge. There is enormous potential for the expansion of investment in products, processes and clean technologies, “he said Aranda.

Kevin is an activist who continues to work for his community, serving on many board of directors such as the YMCA.

MISSION: 1. Persuade GE to share our huge pension fund and its $15.8 billion dollar surplus. 2. Provide a lump sum make-up for the lack of past cost-of-living increases. 3. Provide annual, automatic COLAs to assure retirees maintain their purchasing power. 4. Designate a retiree/union representative on the GE pension trust fund to assure adequate retiree representation. 5. Remain vigilant to defeat corporate sponsored legislation that would diminish or delete our pension funds or health insurance, and to advocate for legislation for the availability, protection and improvement of pensions.

CURRENT ISSUES: Our retirees will continue demonstrations for an annual COLA which GE has not contributed to our pension fund since 1987. That year our fund value was $17.2 billion; in 1997, it was worth $38.7 billion; and as of the beginning of 1999, the GE fund had soared to $43.447 billion. THE CURRENT SURPLUS ESTIMATES ARE ALMOST $16 BILLION AND GROWING! Without any cost to its Treasury, all GE retirees’ pensions could be elevated on an ongoing basis to ensure their purchasing power.

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DONATIONS: Donations of $12, or more if you can afford it, are being sought.

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* “Do not follow the flock” tries to use your own discretion and informed enough to make decisions concise. The fact that for many does not mean that it will pay off for you.
* Do what you like “Do not work for money, working with what you like. This will help you feel better as human beings. There is no better job than your hobby full time.
* “No one becomes rich with his salary” All people who accumulate wealth do not expect that the next fortnight to recover, they think of accumulating wealth and for that there is only one way: Savings.
* “It is moderate, but not stingy” No boats your money, but he learns to find balance andalusia educarte. For example, do not buy a car last year for which the value of a car is reduced by 80% the first year and most often changes from year to year are minimal.

What advice would you give to our loved ones about finance to help them have a better future?