UK-based underwriter Rothesay Life has signed a pound 115m bulk annuity insurance agreement with Western United Group Pension Scheme, to cover a portion of the pension liabilities associated with Vestey Group's pension scheme. The ...
Tags: Rothesay Life, bulk annuity insurance agreement, Western United Group
Nationwide Financial has increased joint payout rates for The Nationwide Lifetime Income Rider () on its Nationwide Destinationsm Series 2.0 variable annuities. With a joint option, the lifetime payout rates will increase by 0.25% for ...
NXP Semiconductors is planning to cut 700 to 900 jobs as part of a reorganization to reduce costs of support services, the company said on Monday. "The job cuts are part of a larger reorganization," said Guido Dierick, country manager of ...
Q. I am 68 and have only Medicare Part A. My sole source of income is $1,062 a month from Social Security. I'm in good health but concerned about future medical needs. Are there any plans for lower-income people? A.Yes, and it's a shame ...
Tags: Social Security, health, medical needs, healthcare
US-based Pinnacle Foods' workers at the Fort Madison plant are planning to initiate a strike to protest the company's plan to eliminate pensions The Pinnacle Foods facility in Fort Madison produces canned food products such as Vienna ...
Tags: Foods facility, Foods, Pinnacle, food products
Government plans for next generation shared services in the public sector will save taxpayers up to pound 500m a year, the Cabinet Office has claimed. In a new document dubbed the Next Generation Shared Services Strategic Plan, the ...
Tags: shared services, public sector, Cabinet Office, new plan
The Department for Work and Pensions (DWP) CIO Philip Langsdale has passed away at the age of 56. Langsdale, who is understood to have passed away suddenly on 22 December, was director of IT at Asda between 1992 and 1997, as well as chief ...
Tags: DWP, CIO, Philip Langsdale, BAA
Mutualisation will be the future model of public sector services,Cabinet Office minister Francis Maude has said. Speaking at Intellect's World-Class Public Services conference,he said digital delivery was important to the open public ...
They say you can't put a price on true love,but a government consultation into same-sex marriage has done just that.According to an impact assessment report,the Home Office has found that changes to IT systems could be the biggest cost ...
The Ministry of Defence awarded CSC a £303m contract after learning of allegations the supplier was involved in the illegal rendition and torture of German citizen Khaled El-Masri. The department dismissed the allegations as ...
Tags: MoD, CSC, torture flight, award, human rights
Law firm Sackers and Partners is using automated storage tiering to reduce costs and time taken to manage systems storing an ever increasing amount of data. Using a Dell Compellent system, Sackers is automatically storing data on low cost ...
Tags: Law firm, automated storage, security, Dell Compellent
HMRC has been slammed for being "unduly complacent" about the roll-out of the Real Time Information (RTI) system crucial to the Universal Credit programme, according to an official report. The Public Accounts Committee (PAC) is concerned ...
Tags: HMRC, slam, undue complacency, RTI
Online security risks could sink the government's proposed reforms to the welfare system, according to parliamentary under-secretary of state for welfare reform, Lord Freud (pictured). However, Freud told MPs on the Work and Pensions ...
Tags: online security, government, UK, welfare system, reform
Stephen Kelly, the former CEO of Cobol tools software vendor Micro Focus, has been appointed government chief operating officer (COO) in the Cabinet Office. He succeeds Ian Watmore, who left in May 2012 to pursue non-executive and charity ...
Tags: Micro Focus, government, Stephen Kelly, Cabinet Office
Under the correct leadership of CPC Central Committee and State Council, in accordance with the scientific concept of development and building a harmonious socialist society, by further intensify the work of employment, as well as improving ...
Tags: Social Security Development, Economy, China, Economy Development