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...I will dip my toe in the waters, perhaps by suggesting a diversity, equality and inclusion committee, but if that goes down badly, I may simply stand for the catering committee....
...“It’s going to benefit the biggest player, Universal, because they’re the ones with the resources to invest in that....
...“He has had a long and distinguished career in the British Civil Service and we will no doubt benefit from his extensive knowledge and understanding of the financial sector,” Nomura chief executive Kentaro...
...These “buyouts” — of pension plans and the assets backing them — are regarded as the gold standard for safeguarding benefits....
...One Tory official said that the backlash against Truss’s plan was partly a function of her unpopularity....
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...Giving evidence to a parliamentary committee Paul Maynard, pensions minister, said more than half of the UK’s 5000 corporate defined benefit plans were now fully funded....
...“We will continue to work with TikTok and others to understand how they plan to meet the high data and cyber security standards we expect.”...
...Britain’s new HS2 high-speed railway line offers “very poor value” for money and neither its managers nor the government are able to explain its benefits, a cross-party committee of MPs has warned....
...The FCA said its proposals would benefit companies and employees and that it would consider the committee’s recommendations on whistleblowing and the use of NDAs....
...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....
...There are some benefits to waiting....
...There has also been a shift towards publicly listed companies realising the benefits of a more empathetic leader. People are drawn to those who are not just out for themselves but do things for others....
...The government is consulting on proposals to enable employers to use surplus funds built up in defined benefit plans. These schemes currently serve around 10mn members....
...The House of Commons public accounts committee, in a report published on Tuesday, recommended officials set out plans for improvement after finding the Treasury was “not able to fully monitor” its performance...
...Khosrowshahi has defended Uber’s buyback plans in a letter to FT. It is not alone in handing out big stock awards. These can be useful....
...“The client gets the benefit of two power brokers working who are incentivised,” Fatemi said. “The majority of clients don’t mind paying.”...
...“We hope going public will provide meaningful benefits to our community as well,” Steve Huffman, co-founder and chief executive, said in the prospectus....
...As part of her strategy, she has announced plans to pull out of retail banking from 14 overseas markets....
...Apple has been typically secretive about its AI plans even as big tech rivals, such as Microsoft, Google and Amazon, tout multibillion-dollar investments in the cutting-edge technology....
...“OpenAI, Inc has been transformed into a closed-source de facto subsidiary of the largest technology company in the world: Microsoft,” Musk’s lawsuit alleged....
...TikTok has tried to distance itself from ByteDance by investing more than $1.5bn on “Project Texas”, a restructuring plan it insists protects user data and content from China’s influence....
...The UK data watchdog has warned that government plans to combat benefits fraud by probing the bank accounts of welfare recipients would allow “significant intrusion” of privacy rights....
...The Information Commissioner’s Office said it was engaging with the DWP to “better understand” its plans and “safeguards around them”. It said it would respond to the select committee in due course....
...The regulator estimated that the combined value of assets for 5,100 company defined benefit plans fell by around £425bn over 2022, from £1.79tn to £1.36tn — equivalent to a 24 per cent drop....
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