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Nortel Networks UK pension plan completes third buyout deal

Employee Benefits

Nortel Networks UK pension plan has completed a third and final buyout deal to insure the final tranche of members’ benefits. The plan entered a Pension Protection Fund (PPF) assessment after Nortel Networks went into administration in 2009.

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The Caravan and Motorhome Club plans full pensions communication schedule for 2022

Employee Benefits

The Caravan and Motorhome Club Pension Plan was established in 2009 and now has around 1200 active members. Pensions manager Sarah Reynolds has planned a series of monthly communications this year, with the help of provider Aegon and adviser Punter Southall Aspire.

Pension 59
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Average pay growth high but failing to keep pace with inflation

Employee Benefits

in February to April 2009. For example, one person might want an increase to their hourly wage, whereas another might be looking for a greater pension contribution or shopping discounts. and 2.5%, respectively. This was among the largest falls in growth since ONS records began in 2001, outstripped only by 4.5%

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Wellbeing and organisational agility will dominate workplace conversations in 2023

Workplace Insight

They suggest that while many of these stressors are outside of an employer’s control, leaders and people managers can make meaningful impact within the employee experience and life-work journey by: Providing basic employee needs such as a liveable wage, affordable healthcare, and retirement and pensions support.

Pension 98
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Married BlackRock executive fired for failing to disclose office romance

HR Digest

Wiseman is a former Canadian pension manager and joined BlackRock in 2016 from the Canada Pension Plan Investment Board, His wife, Marcia Moffett, is also a part of the company. Smith joined the company in 2009 with BlackRock’s acquisition of Barclays Goldman Investments (BGI), where he was working.

Pension 69
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Gig Economy: A Cost-Cutting Measure or Adding Value to the Workforce?

HR Digest

Gig economy picked up pace after the recession of 2008 and 2009 when many people were laid off work and who had to be resourceful to find employment. On the part of the contingent workers, they always feel a bit shortchanged due to the unavailability of benefits like health insurance, pension etc. Why is the Gig Economy growing?

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Median monthly pay up by 6.7% year-on-year in February

Employee Benefits

A larger fall was last seen in February to April 2009, when it dropped by 4.5% Joanne Frew, global head of employment and pensions at DWF, added: “In addition to industrial action, attraction and retention of staff remains a cause for concern for employers as the cost-of-living crisis continues to bite. respectively. on the year.

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