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Telereal Trillium completes £130m full pension scheme buy-in

Employee Benefits

Commercial property investment firm Telereal Trillium, now known as TT Group, has completed a £130 million bulk purchase annuity full scheme buy-in for its pension plan. The post Telereal Trillium completes £130m full pension scheme buy-in appeared first on Employee Benefits. The plan is sponsored by Telereal Services.

Pension 59
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Private medical and dental insurance most popular form of financial support

Employee Benefits

Employee Benefits poll: More than one-third (39%) of organisations said that private medical and dental insurance is the most popular form of employee financial support that they offer, according to a survey of Employee Benefits readers.

Medical 105
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66% of full-time UK staff think contributory pensions are important

Employee Benefits

Two-thirds (66%) of full-time UK employees regard contributory pensions and savings as important, according to research by Employee Benefits Isle of Man. While 64% of South African and 61% of Singapore expatriate full-time workers consider private medical cover crucial, only 37% of UK staff said this was a priority.

Pension 113
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Sacker and Partners becomes living pension employer

Employee Benefits

Pensions law firm Sacker and Partners has become a living pension employer. Sackers joins other employers which have received living pension accreditation, including Aviva, Wealthify, Phoenix Group, Herbert Smith Freehills and SSE.

Pension 59
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Private medical insurance becomes most important employee benefit

Employee Benefits

Private medical insurance (PMI) has become the most important perk that employees look for in their benefits package, according to new research by Zest. The research found that one-third (32%) of employees rank PMI ahead of other benefits , such as increased pension contributions (30%), high street discounts (21%) and a company car (17%).

Medical 115
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Smith and Nephew completes £260m pensions buy-in

Employee Benefits

Smith and Nephew UK Pension Fund has completed a £260 million buy-in deal. The transaction with Rothesay, which secures the benefits of 1,885 pensioners and dependants, as well as 2,315 deferred members, is the final transaction securing the fund’s objective of insuring all of its members’ benefits.

Pension 52
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Rules Adopted to End NJ Pension Cost Shifting

Workers' Compensation

determined that the use of medical monitoring settlements entered by the N.J. concluded that employers must pay complete workers’ compensation benefits, and the state pension system should be permitted to take an offset in benefits than it pays out. The Medical Secondary Payer Act [M.S.P.] Cost-Shifting The D.W.C.

Pension 64