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...Five long positions in five very different industries (property casualty insurance; discount retail; health insurance; aerospace and defence; travel)....
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...More health workers will strike over pay in the UK this week, but unions have heeded the offer of meaningful negotiations by the NHS employers....
...The failure of one of Drexel’s biggest clients, the Executive Life Insurance Company, destroyed the retirement incomes of thousands of Americans....
...Until then, you can reach Sid and I at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...In other words, Fidelity was a major player but in terms of sheer size it was not even within touching distance of the big bank trust departments, insurance companies, or many direct, “pure” asset management...
...I have long believed that some honoured business leaders and board fiduciaries of mutual entities — honoured both before and after demutualisation of their employers and companies — are indeed not at all...
...But they note that the securities, banking and insurance regulators all appear to be making this a high priority in the wake of Vice Premier Liu He’s high profile promise in March that the government would...
...The change is driven by the shift to thinking about all stakeholders, and changes in what employees expect from employers and leaders, which includes greater transparency, he explains....
...“It took the media less than a day to identify the person behind the Roaring Kitty posts, while his own employer took no notice of his online persona.”...
...Remote working must be by mutual agreement between employer and employee and based on contracts setting out the hours and location of the work, the law states....
...A company that encourages parents to take leave by making policies accessible will find it easier to plan, says Danny Harmer, chief people officer of Aviva, the insurance company....
...It does not trade publicly; it is a mutual company owned by its policyholders....
...A financial services team would sell you insurance and take care of your savings. If you got married, had a baby or wanted a midlife makeover, the company could schedule a consultation....
...Today, I might have been protected by measures such as a requirement for employers to automatically enrol staff into a pension scheme. But these rules are not universal....
...Todd Colburn, a wealth management adviser with the Northwestern Mutual Wealth Management Company, and among this year’s FT 401 advisers, concurs. “This is the biggest challenge,” Mr Colburn says....
...A Financial Times survey of pension companies uncovered a spike in employers missing payment deadlines....
...For the avoidance of doubt, I recommend that you ensure you are clear on the employment status of your cleaner and both of your mutual rights and responsibilities....
...In the UK, polling company YouGov called age the “clear dividing line in British politics”....
...In the 1970s, inflation created a distributional conflict between the unions and the employers....
...For Humu’s Mr Bock, though, most companies are still missing a big opportunity to “fundamentally re-examine what the employer-worker relationship, or the worker-worker relationship is going to be”....
...Mutual of Omaha, an insurance and financial services company, as well as consultancy firm McKinsey, are among the most recent plan sponsors to agree to pay millions of dollars to settle lawsuits....
...“The basic fact is that pandemic risk is not insurable,” said Jimi Grande, head of government affairs at the National Association of Mutual Insurance Companies....
...Molly Beer, area vice-president at insurance broker Gallagher, says TDFs have maintained their popularity during the Covid-19 pandemic....
...The insurance industry as a whole could end up paying out more than $100bn because of the outbreak....
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