Hints and tips:
Related Special Reports
...Many UK businesses with large pension schemes have offloaded them to life insurance companies....
...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....
...But their moves have fallen short of offering direct compensation to victims’ descendants. The insurance industry is seen as having enabled slavery given its importance to global shipping....
...Abrdn said at the time that linking pay to performance was “an important part of our approach to compensation across the company”....
...Private sector DB schemes are obliged to pay an annual levy to the PPF to cover compensation for pensioners if the company fails and can no longer back the scheme....
...Jonsson took the idea of launching a European version back to his billionaire employers, the Wallenbergs. They were sceptical....
...The FTSE 250 company, which runs 39 hospitals as well as clinics and medical centres, said it was also benefiting from a strong rebound in corporate private medical insurance as more employers take out policies...
...Money held in epayment companies such as PayPal, school meal schemes and foreign payment firms, Revolut for example, are not covered....
...It had also seen some examples of companies paying out 70 per cent of the premiums in commission to third parties involved in selling the add-on insurance....
...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 pledge comes three years after the insurance market apologised for its role in the trade, which included extending crucial insurance to voyages and even insuring slaves as cargo....
...That’s the frustration of the employers I represent.”...
...Robinson and other experts have likened the probe to the payment protection insurance scandal, which dates back to the 1990s when banks mis-sold insurance to millions of customers, leading banks to later...
...The PLD impact assessment estimated annual payouts from the reformed system could reach €217mn and insurance costs for companies rise around 10 per cent....
...the company in as many years....
...This evokes memories of the long-running, and very expensive, payment protection insurance scandal. Any lenders funding motor finance should worry about how this problem could mushroom....
...Have rising insurance premiums become a de facto carbon levy for consumers? A Big Read looks at the spiralling cost of insuring against climate disasters....
...In the event, some businesses have opted to renew their insurance policies without including cover for Israel assets, relying instead on a state compensation fund, according to two market sources....
...The tribunal cannot compel an employer to allow a member of staff to work from home permanently, but it does have the power to order it to reconsider and award compensation....
...Couples who live in US states that allow workers to claim unemployment insurance when they move for a spouse’s job are 40 per cent more likely to move....
...experts said echoed the payment protection insurance scandal....
...Media and entertainment, banking, insurance and logistics were among the industries most likely to predict job losses....
...Experts predict hundreds of billions of pounds of liabilities will transfer from company balance sheets to insurance companies as part of a multiyear shift that will redraw the UK’s retirement landscape....
...In recent years, its performance has been blighted by higher than expected compensation payouts linked to mis-sold payment protection insurance....
...Employers are not obliged to pay into a pension plan chosen by their workers....
International Edition