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...A spokesperson for the Department for Work and Pensions said: “The government is required by law to regularly review the state pension age and the next review will be published by 7 May.”...
...The business was purchased in 2018 by Blackstone Core Equity Partners, a long-hold buyout fund whose investors included Canada Pension Plan, NY State Common Retirement Fund, North Carolina Retirement Systems...
...The rise of defined contribution pension plans combined with the growing strain on the social security government retirement programme had left the US particularly unprepared for a huge increase in the retiree...
...bargaining at Cornell’s School of Industrial and Labor Relations....
...USW president David McCall, a vocal critic of the Japanese group’s bid, was invited to a White House state dinner last week in honour of Fumio Kishida, Japan’s prime minister....
...PSSI, a sanitation business owned by the private equity giant, was ordered to stop using child labour after a 2022 Department of Labor investigation....
...And here’s what I’m keeping tabs on today and over the weekend: Economic data: The US Labor Department’s Bureau of Labor Statistics releases monthly import and export statistics and the University of Michigan...
...Giving evidence to the committee this month, Mel Stride, secretary of state for work and pensions, confirmed the government had sought broad powers to inspect the bank accounts of people receiving the state...
...“Auto-enrolment in particular has resulted in millions more saving for retirement, but it’s falling short of what people need in retirement,” said Mubin Haq, chief executive of the Abrdn Financial Fairness...
...In September, a federal judge dismissed a lawsuit challenging a Department of Labor rule that allowed but did not require fiduciaries to consider ESG factors in investments....
...Department for Education....
...But successful initiatives from the recent past, such as the Green Investment Bank, demonstrate the benefits of a process that identifies market failures, then involves both state and private investors in...
...In contrast, contribution rates for the Universities Superannuation Scheme, the main retirement for the sector, are set to fall significantly for both employers and employees due to improvements in the plan...
...He highlighted the prospect of shorter than anticipated retirements in future, noting that life expectancy already seemed to be falling, with a man aged 65 in 2023 expected to live on average another 20...
...Plus, to the disappointment of many marketing departments, Jeremy Hunt, chancellor, has named it the decidedly less catchy “UK Isa”....
...In 2021 in the midst of the Max 8 crisis, the board waived its mandatory retirement age of 65 and announced it would extend it to age 70 for Calhoun....
...In 2015, as part of the Made in China 2025 plan, Beijing identified shipbuilding as one of the ten priority sectors in which China would seek to dominate global commerce by 2025....
...That’s the fear of Michael Arone, chief investment strategist at State Street Global Advisors, who lists five reasons for thinking there are deep changes....
...As we see in the chart below, Europe faces a wave of retirements among older farmers....
...At the state level, 26 out of 50 states have passed right-to-work legislation, which says workers cannot be forced to join a union — and pay the associated dues — to get or keep a job....
...Businesses advertised 8.7mn job vacancies in October, down from 9.6mn in September, according to the labour department’s Job Openings and Labor Turnover Survey released yesterday....
...They include a contract with the state of New South Wales where its consultants were working with two separate departments competing for the same tender, creating a conflict of interest....
...So, after that, the US Treasury started breaking out Treasury ownership of individual Gulf states....
...Hong Kong’s immigration department declined to provide data on the number of academics denied visas since 2020....
...So even if there was some plan to means test or phase out the state pension, it would have to be done a very long period of time, there’d have to be transitional protection....
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