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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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Employee wellbeing advocate shortlisted for Veuve Clicquot Bold Awards

Workplace Insight

Jenny Biggam – Jenny founded the7stars in 2005 and swiftly turned it into the UK’s largest independent media agency, managing over £450m of billings for clients including Gousto, TSB, H&M, Nintendo and Royal Mail.

Pension 52
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How CARES Act Affects Employee Retirement Plan Distributions

Health Consultants Group

They function similarly to provisions in the Hurricane Katrina Emergency Tax Relief Act of 2005. The Consolidated Appropriations Act added Money Purchase Pension Plans as a coronavirus-qualified retirement plan. Congress designed CARES Act retirement plan rules to provide emergency financial access during the pandemic.

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

Workers' Compensation Perspectives

Regardless of the workers’ compensation model (private insurance, competitive state fund, exclusive state fund), every insurer has to prepare for the unexpected. Afterall, insurance is the transfers the financial risk of rare but costly events from the insured to the insurer. One case was particularly painful.

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Top Ten Priorities for Workers’ Compensation Benefit Reforms

Workers' Compensation Perspectives

RAND’s “Earnings Losses and Benefit Adequacy in California's Workers' Compensation System-Estimates for 2005–2017 Injury Dates” [see [link] ] clearly show that occupationally injured workers suffer significant income losses over their non-injured counterparts despite workers’ compensation. Prevention should be the number one priority.