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...of EnnisKnupp, a consultancy that works with pension plans....
...These “buyouts” — of pension plans and the assets backing them — are regarded as the gold standard for safeguarding benefits....
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...Ideally, employers would follow IBM’s example by offering a supplemental 401k plan to allow employees to put in pre-tax dollars and benefit from long-term equity market growth....
...”, a group of MPs has warned....
...Our plan is that workplace pensions would be attached to a worker and go with them when they change job....
...The giant California public pension plan has now said it will not release its 2023 carbon emission data until 2025....
...The $38tn US retirement system is one of the world’s largest, and US employers were among the first to shift from defined benefit pensions to defined contribution plans....
...In his Budget, Hunt confirmed new measures that require local authority pension funds and private sector retirement plans to disclose their UK investments....
...“Tax incentives in long-term savings works, the example of 401k plans is quite staggering vis-à-vis what we have in Europe,” he added, referring to US pension plans....
...The group said it did not currently intend to extract surplus from its pension....
...It has increased a windfall tax on banks to 50 per cent and transferred revenues from a 1.5 per cent supplemental income tax from local to central government....
...Speaking last week, before the Treasury outlined plans for a major reform of the sector, Carol Young, chief executive of the £73bn Universities Superannuation Scheme, said she had no problem with new disclosure...
...Michael Gove has been forced to water down plans to cap ground rents on millions of leasehold homes in England and Wales after lobbying by pension and investment managers who benefit from these payments....
...Retirement savers ensnared in the protracted wind-up of the failed Hartley Pensions group say they are being driven to the “edge of despair” as uncertainty lingers over the future of their nest eggs....
...The group added that a “stabiliser mechanism” put in place in 2020 by BT to protect the group against overfunding of its retirement plan — a risk as interest rates rise — means the group might be eligible...
...However, his exit was seen as inevitable from early in his tenure when shareholders privately rebuffed a plan to offer him a $10mn bonus, according to people with knowledge of the plan....
...Shareholder activist groups, proxy advisers and some investors including Australia’s Hesta pension fund have criticised the company for not going far enough in setting binding targets....
...Asheville-based Pine Gate Renewables today said it had raised that sum from Generate Capital, the Healthcare of Ontario Pension Plan and Australian pension fund Hesta....
...This, the non-profit group argues, means that trustees must consider the impact their investments could have on the planet....
...Standard Life, which is part of the Mansion House agreement via the Phoenix Group, its £270bn parent, has said it is keen to explore new investment opportunities for retirement savers but is clear on its...
...Labour’s plan to strengthen workers’ rights aims to address concerns that strong employment and a rising minimum wage have been accompanied by growing precariousness for workers who do not know how much...
...In 2014 Oxford Economics and Unum estimated this to be as high as £30,000 per role and undoubtedly it is a lot more today....
...The utility has been grappling with high inflation on overall group debt of £18bn, while the government has drawn up emergency plans in case it requires temporary nationalisation....
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