Posts Tagged ‘Benefits’

Ian Craig

It should come as little surprise that, given 2016 has been one of the most volatile in recent years, the amount of completed buyouts in the first half of 2016 is almost half that of 2015’s corresponding period.

The perceived fall in demand is, however, based on somewhat skewed figures as many insurers brought forward transactions to the tail end of 2015 ahead of the Solvency II requirements kicking in from January.  Solvency II is, of course, EU legislation aimed at harmonising the insurance regimes of its member states.  The trigger of Article 50 will be the trigger for those blogs… Read more »

Kevin Burge

The Department for Work & Pensions have said that they will review the compensation cap to ensure that long serving workers are not unfairly penalised.

The cap is one of the fundamental elements of the PPF’s compensation structure and any change will affect the long term strategy of the PPF to be self funded by 2030. It will of course be of immediate interest to all levy payers as if any increase was agreed then the levy will increase, all else being equal. Read more »

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