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How to conduct a pensions buy-in

Employee Benefits

A buy-in is a contract between a defined benefit pension scheme and an employer that removes longevity, market, interest and inflation risks. With this in mind, what is a pensions buy-in and how is it conducted? With this in mind, what is a pensions buy-in and how is it conducted?

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What should employers look for in a default investment strategy?

Employee Benefits

The new reporting regime for pension schemes to disclose their investment allocations to UK markets is flawed. Ken Scott, head of investment solutions at Royal London, says: “Department for Work and Pensions (DWP) best practice suggests that lifestyling is a key consideration.

Pension 59
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EXCLUSIVE: Enterprise Rent-A-Car and Centrica promote benefits to support financial wellbeing

Employee Benefits

Employee Benefits Live 2023: Enterprise Rent-A-Car has supported employees during the cost-of-living crisis with a salary increase and conducted a benchmark analysis of its pay and benefits providers. We want to get employees to see what is on offer and how much they can save,” said Llewellyn. “It

Pension 59
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Tips to help employees take control of their finances in 2024

Employee Benefits

According to the Financial Conduct Authority (FCA) [1] , 10.9 million adults in the UK (21%) felt that keeping up with their bills and credit commitments was a heavy burden, which was up 3.1 million compared to the 7.8 million the year previous (15%). It’s now more important than ever to support employees to take control of their finances.

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Top gifts for your staff: 5 suggestions

Employee Benefits

We’ve taken the initiative to conduct some research and in this article, we will share a selection of some of the most favoured employee gifts this year. We’ve taken the initiative to conduct some research and in this article, we will share a selection of some of the most favoured employee gifts this year.

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Married BlackRock executive fired for failing to disclose office romance

HR Digest

Both the departures were announced in strongly worded memos circulated among the 16,000 employees of the firm, showing how serious the company is about the conduct of its senior management. “We The social environment on gender issues has pushed workplace conduct to centre stage. This year two senior executives of the $6.8

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Marshalls launches new FCA compliance training courses for financial services firms

cipHR

The first of Marshalls’ new FCA compliance training to debut this summer focuses on the Financial Conduct Authority’s new Consumer Duty rules, due to come into effect on 31 July. David Marshall, MD of Marshall E-Learning at Ciphr, says: “The FCA’s new Consumer Duty has implications for financial services providers across many markets.

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