Pension costs facing thousands of UK employers could be cut by up to £350bn if company schemes were given more freedom to water down pension promises, according to new analysis. The affordability of traditional defined benefit company pension schemes has risen up the political agenda, as persistent low interest rates have led to pension deficits…
Friday, Sep 09, 2016 The bankruptcy law passed by the UAE Cabinet last week is undoubtedly a new business enabler and source of confidence to entrepreneurs and the financial services industry in the country. The new legislation has come at a time when the nation is laying greater emphasis on economic diversification and private participation…
Rebates might be part of doing business in the retail sector, but as the Dick Smith collapse and Tesco charges show, we need to know much more about how they work. Edwina Pickles On Friday Britain’s Serious Fraud Office slapped fraud charges on three former executives of supermarket giant Tesco in relation to an accounting…
Clive Palmer has fronted the Federal Court facing questions about the collapse of Qld Nickel. Clive Palmer claims he had nothing to do with the collapse of Qld Nickel. Picture: Jono Searle FORMER federal MP Clive Palmer has slammed the media for being aggressive towards him and his wife as they fled a Brisbane court…
Friday, Sep 09, 2016 The bankruptcy law passed by the UAE Cabinet last week is undoubtedly a new business enabler and source of confidence to entrepreneurs and the financial services industry in the country. The new legislation has come at a time when the nation is laying greater emphasis on economic diversification and private participation…
As HMV stores close their doors for the last time, staff have now left without their redundancy payments because the parent company, Hilco, has now gone into liquidation itself. The move effectively means that the staff must now apply to the State to get their redundancy payments, a process that may take months. Staff members…
More than 50 former staff of four HMV stores here are facing the prospect of having to turn to the State for the money owed to them, after being told the music retailer is going into liquidation. The HMV store at the Crescent Shopping Centre in Limerick. HMVs store presence here ended last week with…
HMV staff are outraged after the company went into liquidation the night before they were due to receive redundancy pay HMV staff are outraged after the company went into liquidation the night before they were due to receive redundancy pay. The stores have closed their doors once again, three years after they were handed a…
A professional poker player who has won six World Series of Poker event championships since 1993 and millions of dollars in tournaments is fighting felony theft and bad check charges in Las Vegas, where a casino accuses him of failing to repay $215,000 in gambling debts. William “Ted” Forrest’s defense attorney, Chris Rasmussen, said Friday…
Staff will now have to apply through the Governments Insolvency Payments Scheme to get the money theyre owed. HMV stores have closed their doors once again, three years after they were handed a lifeline by investment company Hilco Capital. The music chain went into liquidation last night, meaning staff did not receive the redundancy packages…