Employers who offer enhanced maternity pay will need "strong justification" for not enhancing mother's pay under shared parental leave agreements, Linklaters has warned.
The law firm also found far greater interest by parents in taking up the shared leave than had previously been estimated. According to a survey carried out by Linklaters, over three quarters (76%) of...
A number of pension schemes have been prompted to lock in gains with a move into bonds after the estimated deficit across FTSE 100 DB pension schemes improved by £36bn, over the 12 months ending 30 June last year, JLT Employment Benefits found.
HM Treasury has agreed in principle to give NEST a £329m contingent liability guarantee in the event of the master trust's wind up or closure.
AMP Capital has set up a dedicated team to help institutional investors, including pension funds, invest in infrastructure through direct equity allocations.