Thursday, January 7, 2021
On November 24, 2020, the Securities and Exchange Commission (“SEC”) proposed amendments to Rule 701 and Form S-8 (the “Proposals”) under the Securities Act of 1933, as amended (the “Securities Act”). The Proposals are intended to (1) facilitate the ability of companies that are not required to file reports with the SEC to issue securities to compensate certain service providers, and (2) simplify the existing registration processes for compensatory offerings by reporting companies. Simultaneously, the SEC also proposed a temporary rule that would allow non-reporting issuers to issue equity compensation to certain “Platform Workers” who provide services through a technology-based marketplace platform (the “Temporary Proposal”).
Snart må 1,5 millioner nordmenn ta et valg: - Vil bli stor konkurranse
tv2.no - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tv2.no Daily Mail and Mail on Sunday newspapers.
United Kingdom: DWP confirms it will progress new requirements for trustees to provide a stronger nudge before members can access DC benefits
lexology.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lexology.com Daily Mail and Mail on Sunday newspapers.
“Consumers lack knowledge and show over-stated confidence in their abilities to make good decisions and this is likely to have consequences on their outcomes in retirement for many years.”
While the study showed Britons are clued up about the 25 percent tax-free lump sum available through defined contribution pensions, there are some other areas where there is less confidence.
More than a third of prospective drawdown users said they knew nothing about the funds they are currently invested in for their pension.
An additional third said they were unsure about this topic, creating concern for pensions experts.
Pension: Monthly contributions for a £100k pot (Image: EXPRESS)
Alex Lee, who has been her No. 2, takes over the top finance slot.
Alex Lee
Deloitte’s long-time chief investment officer, Mary Ellen Stocks, has retired, handing over the job to Alex Lee, who has functioned as her deputy in the past.
“We accomplished a lot and left a strong team,” said Stocks, who took over the CIO position in 2004. She joined Deloitte in 1994 and first worked there in investment consulting. The auditing and consulting giant, which has 10,000 professionals, is the US unit of Deloitte Touche Tohmatsu. It is a well-known generator of insightful surveys in the finance and economics realms.