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...to pension scheme members and employers....
...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....
...One insurance executive said the emergence of a “state-sponsored” competitor could undermine insurers who had built business models predicated on a wave of corporate pension deals....
...Thousands of UK employers are expected to see “significant” cuts to the insurance levy they pay to the corporate pension rescue scheme, as the body passed the threshold of becoming better funded than the...
...Jonsson took the idea of launching a European version back to his billionaire employers, the Wallenbergs. They were sceptical....
...Cara Spinks Head of Insurance Consulting, OAC, London EC2, UK...
...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...
...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....
...Media and entertainment, banking, insurance and logistics were among the industries most likely to predict job losses....
...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....
...JackAubrey asked: Is this the beginning of the end for employee national insurance? Can income tax alone do the job?...
...Currently employers are obliged to pick a pension scheme for the workforce and put workers into it, with legal minimum levels of contributions....
...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....
...Customers, or their employers, pay a premium to cover new acute medical conditions — with the promise of faster, more convenient treatment....
...For the Treasury, the £20bn cost of cutting employee NICs would be more than offset by about £35bn raised from workers by the freeze on personal tax thresholds, plus more from employers....
...“The annuity is an insurance policy against outliving one’s assets,” said Brendan Curran, SSGA’s US head of defined contribution....
...According to the Health Transformation Alliance, a co-operative of American employers seeking cheaper healthcare, the use of anti-obesity drugs among its members was 64 per cent higher in 2023 than in 2022...
...buyout within five years, then they should go to insurance — had put “a dagger in the heart of Clara’s . . . business model”....
...He confirmed the heavily trailed 2p cut in national insurance contributions, a shake-up of the “non-dom” tax regime and the creation of a “British Isa” to encourage investment in UK-listed companies....
...Cigna is reportedly in talks to merge with Humana in a deal that would create a US health insurance company worth $140bn....
...Sheila Bair, who led the Federal Deposit Insurance Corporation during the financial crisis, called for “heads to be knocked” at her former employer over recent allegations of widespread harassment and gender...
...A change in classification would mean an increased tax bill for pharmacies to pay income tax and employers’ national insurance....
...However, givers will still pay national insurance contributions on any donations....
...If the employer has ceased trading, solicitors investigate its insurance position through a database — it became compulsory for employers to take out employee protection insurance in 1972....
...Hunt is expected to cut income tax or national insurance....
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