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...She added: “This is where the disquiet comes in for trustees — and their advisers too.”...
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...A competent team of plumbers is sorely missing....
...Yet Labour, as part of its pro-business drive, risks making things worse. It has committed to allowing half of the apprenticeship levy to be spent on non-apprenticeship training....
...So society should pay at least the cost of the off-the-job training. That is in the interest of employers as a whole and, of course, of young people. But how?...
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...Rowan could not be more out of line, unless he wants the board of trustees to act like a politburo and have a chilling effect on freedom of expression and thought — both essential to true education....
...This is in effect a payroll tax that requires big employers with an annual salary bill of more than £3mn to pay 0.5 per cent of that total into a fund to spend on government accredited training that lasts...
...Trustees need to be telling advisers what to do, rather than the other way around. Rory Murphy Chair of Trustees Merchant Navy Officers Pension Fund West Sussex, UK...
...The French and Estonian heads of state, for example, have called for the issuing of joint bonds to fund defence spending....
...A significant factor has been the Portuguese government’s recognition of the benefits that migrant workers bring to the economy, Yilmaz says, and national policies that support them, from free language training...
...Economic convergence: The EU’s Covid-19 recovery fund is already shaping the bloc’s future, writes Martin Sandbu, and Brussels’ next budget....
...At a meeting held last month, the firm proposed to its board of trustees for Pimco Funds that it consider converting its $141mn Mortgage-Backed Securities Fund from a mutual fund into an ETF, the filing...
...“Link Fund Solutions’ job was to properly manage the Woodford Equity Income Fund and to protect investors’ interests,” said Therese Chambers, joint executive director of enforcement and market oversight...
...Training manufacturing workers in applying alongside AI could help them adapt and minimise job losses, but opportunities may be limited....
...In the period I’ve been working, I’ve seen the destruction of the natural world. When I started, it was about preserving the panda, preserving the Serengeti....
...Cipriani runs the historic Harry’s Bar in Venice and the high-end Casa Cipriani clubs in Milan and New York. It has teamed up with Optimum Asset Management to raise a €500mn real estate fund....
...French President Emmanuel Macron has championed replicating the EU’s joint pandemic recovery fund with one focused on defence spending....
...the eclectic food idioms of south London....
...Trustees of UK pension schemes would be prevented from taking “overly risky” decisions after government plans to ease employers’ access to billions of pounds in pension fund surpluses, ministers said....
...More than half of all American households and 116mn of the country’s 333mn residents hold shares in at least one mutual fund. “The mutual fund has democratised investment....
...But she told the Financial Times she would have “cause for concern” if ministers were to go a step further and direct trustees as to where funds should be allocated....
...There have long been “cohesion funds” which direct funds to the least economically developed regions of the EU, and which make up one-third or so of the bloc’s budget....
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