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Macmillan Cancer Support completes £33.7 million pension bulk annuity deal

Employee Benefits

million bulk annuity deal for its pension scheme. It closed to new members in 2005 and to all new monetary contributions in 2010. Aon was appointed as risk transfer consultant by the trustees and Macmillan, and provided advice around insurers’ environmental, social, and governance credentials and administration capabilities.

Pension 59
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Will the Mansion House reforms deliver value for employees?

Employee Benefits

Need to know: A raft of proposals have been launched to improve value for money in pension schemes. The government’s big theme is to get more invested in private equity, which should boost the economy. Poorly performing schemes could be forced to merge with better performing schemes.

Pension 105
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DWP publishes updated occupational pension schemes regulations

Employee Benefits

The Department of Work and Pensions (DWP) has published the final version of the Occupational Pension Schemes (Funding and Investment Strategy and Amendment) Regulations 2024 and a consultation response. The post DWP publishes updated occupational pension schemes regulations appeared first on Employee Benefits.

Pension 59
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How prepared are workers’ compensation systems for COVID-19?

Workers' Compensation Perspectives

The then chairman wrote: In the closing months of the last year we have been compelled to reject a number of claims arising out of the influenza epidemic, in which mothers with small children made application for pensions. Researchers have raised the alarms but not every government or insurer was listening. We were unable to answer.

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Extrinsic Motivation: All You Need To Know

Vantage Circle

A study by Bateman & Crant; 2003, Lepper, Corpus, & Iyengar; 2005 have addressed this issue. The apparent bonus governs the employee's behavior, and he performs well to get it. They can be pension benefits, paid leaves, etc. In external regulation, the behavior is controlled by external rewards.