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Got interruption insurance? These companies found it’s useless in the age of COVID-19
To hear Century 21 Stores tell it, the New York retailer should have survived the pandemic because it had business interruption insurance. Instead, insurers refused to pay, and Century 21 is shutting down after almost 60 years in business. More than 1,000 companies have found themselves in the same predicament and have sued, with cases playing out […]
The funding gap between Black- and white-led organizations is clear—and alarming
Following the death of George Floyd and subsequent protests, donations have poured into Black-led organizations and groups dedicated to racial equity. The Black Lives Matter Global Network Foundation, for example, received more than 1.1 million individual donations in the month after Floyd’s death. Higher Heights for America, which works to build the political power of […]
Claire Trott: Tax-free cash scaremongering
I spent several hours this morning poring over my old G60 manual to help work out some ‘scheme specific protected tax-free cash’ calculations in respect of some pre-2006 occupational pension scheme benefits for an adviser. I was reminded that we are still dealing with the fall out of pension simplification some 14 years later and […]