Collective pensions: there’s little protection in the crowd

Defined benefit pensions, where an employer guarantees a pension for life, are almost extinct in the private sector. Defined contribution schemes, where people draw a pension from their individual pot and take their own investment and longevity risk, are now standard. Some people claim “collective defined contribution” (CDC) pensions are …

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Canada passes bill to compel local content on streaming platforms

Smartphone with Netflix logo is placed on a keyboard in this illustration taken April 19, 2022. REUTERS/Dado Ruvic/File Photo Register now for FREE unlimited access to Reuters.com Register OTTAWA, June 21 (Reuters) – Canada’s lower house of the parliament passed legislation on Tuesday that would bring online streaming platforms under …

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