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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. Due to a scheme funding surplus and careful management of the scheme’s investments, the trustees and Macmillan were able to review future options to ensure the best outcomes for members.

Pension 59
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Early and multiple interventions will improve pensions engagement!

Employee Benefits

The Work and Pensions Committee is calling for trials of automatic appointments with the Pension Wise service as part of its new ‘Stronger Nudge’ interventions. Established in 2005, we work with hundreds of organisations across both the private and public sector by offering financial education, guidance and regulated financial advice.

Pension 52
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Wealth at Work group acquires Employee Financial Wellness expanding its services into Ireland

Employee Benefits

The Group is a leading financial wellbeing and retirement specialist which has been helping those in the workplace improve their financial future since 2005. Clients include BT, Experian and INEOS as well as Trustees of occupational pension schemes.

IT 52
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What employees need to know to reduce the impact of the LTA

Employee Benefits

million pension savers [1] are set to reach the limit and will be hit with a tax charge of 55% in retirement. This could particularly affect those who never check the value of their pension, or haven’t done so for some time. Positive pension fund growth as well as a pay rise may easily push them over the LTA before they know it.

Pension 52
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The Wealth at Work group acquires digital agency as it invests further in technology

Employee Benefits

Our use of state of the art technology to provide our Financial Wellbeing services to millions of employees has been increasing rapidly in recent years and we intend to remain at the forefront in delivering these services to companies and occupational pension schemes alike. These important developments help us increase that momentum.”.

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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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Third Circuit Affirms Finding that Withdrawal Liability Assessment Was Untimely

Proskauer's Employee Benefits & Executive Compensa

When an employer withdraws from a multiemployer pension plan, the plans trustees must notify the employer of the amount of its withdrawal liability and demand payment. On the basis of dicta in the Supreme Courts opinion in Bay Area Laundry & Dry Cleaning Pension Tr. In 2005, Painting ceased operations. 1399(b)(1).