The government called for a legislative change regarding the increase of the plan to encourage more risk-sharing schemes for the benefits of the private and public sector employees.York, NicolaHenley, WillMone...
Since the start of 2022, Legal and General Assurance Society Limited (“L&G”) has cumulatively insured more than £800m of pension liabilities using L&G Flow, its tailored solution for smaller pension schemes, securing the benefits of thousands of pen
Yes - in fact, the number of people doing this is growing. You can split your pension pot - buying an annuity with one part using drawdown with the other. This hybrid approach helps balance steady and secure income with the prospect of growth with the other - as well as control...
We made good use of policy instruments such as required reserve ratio reductions and re-lending to increase effective support for the real economy and alleviate the difficulties faced by MSMEs in accessing affordable financing. The balance of loans to the manufacturing sector increased from 16.3 trill...
(2012), high psychological distress was associated with being unable to work and receiving a pension or benefit. As a result, it is probable that employees who are working will experience lower psychological distress than those who have been furloughed or laid-off, while employees who have been...
Pension market is another big opportunity; retirement investment linked products, as you can see here, growing very fast. National pension – the sixth largest in terms of the pension asset in the world today – collects and adds about £1 billion every month to their pension asset. ...
While SHS has progressively improved over time at an aggregate level, when controlled for other socioeconomic and demographic aspects, the conclusion is that low income, low levels of education, and being retired or on a pension negatively predict the SHS today and 30 years ago. The findings ...
Increase in number of private health insurance policies for senior citizens will stimulate the market revenue The private insurance segment in the geriatric care services market is estimated to attain a CAGR of 10.6% and reach over USD 245 billion by 2027 due to factors such as evading of the ...
To better understand how coinsurance in property insurance works, let’s look at an example. Let’s say you have an 80% coinsurance declared in your property policy with $5,000 deductible. The replacement cost of your property is one and a half million. ...
Nevertheless, with sufficient reserves of pension and unemployment insurance funds, and the strategic reserves yet to be tapped along with the implementation of new support measures, the Chinese government is confident of dealing with all the emerging challenges. Therefore, there is no reason for peop...