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...So-called superfunds have emerged as a cheaper option for employers looking to offload pension plans without paying a premium for a full insurance buyout....
...These “buyouts” — of pension plans and the assets backing them — are regarded as the gold standard for safeguarding benefits....
...The Information Commissioner’s Office (ICO) found Serco Leisure, Serco Jersey and seven associated leisure trusts had been unlawfully processing the biometric data of more than 2,000 employees at 38 leisure...
...”, a group of MPs has warned....
...The Centers for Medicare & Medicaid Services said last month that Medicare Part D drug benefit plans will cover weight loss medicines when they are approved to treat a separate medical problem, such as heart...
...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....
...plans or other intermediaries and institutional investors.”...
...Employers’ association the CBI has proposed that employee assistance programmes, such as health insurance, be made a fully tax-free benefit, while the CBI and British Chambers of Commerce are calling for...
...The government believes that well-funded pension plans could potentially generate more surplus, for use by employers and to benefit members, by investing in return-seeking assets that also help the UK economy...
...The final group of affected people include those who had placed foreign assets into trusts when they were non-domiciled and had subsequently been deemed UK-domiciled....
...Nippon said in a statement: “From the outset, our goal has been clear — to protect and grow US Steel in the US market for the benefit of all of its stakeholders through increased financial investment and...
...Privately held German pharma group Boehringer Ingelheim and Zealand Pharma’s survodutide treatment had a “statistically significant improvement” for 83 per cent of patients with metabolic dysfunction-associated...
...Groups such as KPMG are showing that once class backgrounds are known, employers can figure out who is being affected and what can be done to make sure all talented people advance....
...From a profitability perspective, the group is starting to benefit from operational gearing....
...Their rationale for favouring the status quo was based on the magnitude of the transition, potential investment risks, a lack of confidence in the associated economic benefits, and the needless management...
...The TUC noted that the government’s impact assessment of the measure — published alongside the consultation in November — calculated that the net benefit to employers was a mere £38,000, although this figure...
...The data — provided by a self-selecting group of employers and employees — was used to identify the UK’s healthiest workforces....
...The economic benefit to Scotland’s maritime economy from salmon production is second only to oil and gas....
...In the majority of cases, they are useful and practical and, when opened with a trusted partner or family member, can bring many saving and spending benefits....
...While some employer-sponsored plans have added ETF options, others are reluctant to offer them, because daily liquidity sends the wrong message about what the savings are for....
...Marriott-owned hotel group Ritz-Carlton launched its own luxury cruise liner last year. Luxury resort operators Aman Resorts and Four Seasons have also announced plans to launch their own cruise ships....
...“Abrdn’s trust with employees has gone,” one of the people added....
...One official said a plan to create a “single status” for workers so that people in the gig economy would benefit from some employment rights would be “complex and can’t be done overnight”....
...A key survey published annually by the Office for National Statistics suggests income inequality has narrowed since the pandemic, as low paid workers benefit from rapid increases in the minimum wage and...
...It’s not too much of a surprise that we trust our employers so much. “We trust the things that are closest to us — and almost all employees choose their employer,” Cydney says....
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