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...Thousands of members of the pension plan of collapsed retailer Debenhams are to have their retirement benefits restored under a groundbreaking deal for the UK’s nascent “superfund” market....
...He said the company was willing to be “flexible” on pricing schemes “to make it possible to adopt medicines upfront, see the benefits and pay down the road....
...As opposed to shareholder-owned banks, where excess capital is often returned to investors, mutuals use profits to reinvest in the business or benefit customers....
...Without change, half of those already using flexible contracts said they would increase the share of their workforce on variable hours over the next five years....
...The bank said last month it would cut jobs in its risk function, after management found it was a “blocker” to the transformation plan....
...The Department for Work and Pensions said: “Our new regulations promote better — and clearer — funding standards, while retaining the benefits of a flexible, scheme-specific approach.”...
...Nevertheless, some bankers have argued the rules needed to be made even more flexible so that they could poach people at rival banks in France and not lose the tax benefit....
...“Ultimately this comes down to the culture of a workplace, regardless of how flexible it is,” said Mortensen. “Lack of trust is a cultural problem.”...
...Isabel Schnabel, one of the most influential voices on the ECB’s board, said in a speech on Wednesday that the central bank may benefit from adopting some of the ideas raised by former Fed chair Ben Bernanke...
...If less frequent commuting relieves the psychological pressure on individuals, society could benefit. But a shift need not come at the expense of employee productivity....
...century, we don’t feel any benefit from that because of technology and remote working....
...A report by Bank of America found that “many [US] employers say they offer menopause-related benefits while only one-third of employees say they are aware of the benefits”....
...The European Central Bank has announced one of the biggest overhauls of its connections to the financial system for a decade, outlining plans to lend more to commercial banks while shrinking its vast bond...
...So the front page of the Financial Times today is a story about a £2.9bn deal: Nationwide going to acquire Virgin Bank....
...The Home Office said: “Criminals should never benefit from the proceeds of crime.”...
...But in fintech, the benefits are becoming plain to see....
...The buyback plan, which it said would be equal to 0.55 percentage points of its core capital, comes as the bank’s net interest income jumped 76 per cent in 2023 fuelled by higher rates....
...But if I had a kid working at EY or Bank of America who was being told to show up more often, I’d side with the bosses....
...In November, the OBR said that plans announced in the Autumn Statement to tighten incapacity benefits would save the Treasury £1bn a year but boost employment by just 10,000 — while an expansion of therapy...
...plans to save $3tn through higher taxes over 10 years....
...“The core benefit of diversity is cognitive diversity — and people who have taken career breaks have had different experiences,” notes Miles....
...But opportunities to eke out affordable living spaces and other commercial activities should form part of urban regeneration plans....
...Johnson benefits from voters’ lack of trust UK GOVERNMENT UK constitution Labour explores replacing House of Lords with elected chamber How will King Charles influence politics in the UK?...
...Cuban is targeting the 38 per cent of private sector employers who self-insure at least one of their health plans....
...customer’s objectives, and a loss of safeguarded benefits or valued features....
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