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    2023 Digital Strategy Overview The European Insurance and Occupational Pensions Authority’s (EIOPA) digital strategy 2023, aims to support consumers, markets, and the supervisory community through digital transformation. Realising that digital transformation is reshaping the world, influencing how businesses operate, how people connect, and how information is exchanged, EIOPA recognises that the insurance and pension sectors are no exception, with digitization altering product development, underwriting processes, and consumer behavior. The Digital
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    The report titled “Global Pension Risk Transfer Market Outlook” by Milliman, dated November 3, 2023, provides a comprehensive analysis of the Pension Risk Transfer (PRT) markets, focusing on key territories such as the United Kingdom, the United States, the Netherlands, and Ireland. The report outlines the global landscape of Defined Benefit (DB) pension schemes and their interaction with the PRT market. It emphasizes the importance of stakeholders understanding the

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    The Imperative of Systematic Health Tracking in the Workplace In today’s fast-paced corporate environment, the health and wellbeing of employees are often overlooked. Most companies focus on direct expenses or liability exposure, such as disability claims and on-the-job injuries, neglecting the broader spectrum of employee health. This narrow focus leaves a significant gap in understanding and improving the overall health of the workforce. To address this, a systematic approach

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    financial stress, workplace productivity, employee wellbeing, financial assistance, mental health, employer support, financial education.
    The research report “The Cost of Money Worries – 2023 Survey Results” presents compelling data on the impact of financial stress on employees in the UK. The survey, conducted by Opinion Matters, involved 1,019 full-time UK workers and reveals significant findings about the intersection of financial wellbeing and workplace productivity. Key Findings: 23% of UK full-time workers struggled to concentrate at work due to money worries. 16% incurred debts

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    In the first quarter of 2023, the Organisation for Economic Co-operation and Development (OECD) reported a notable rise in real household income per capita, marking a 0.9% increase and surpassing the growth in real GDP per capita, which stood at 0.3%. This recent uptick is not an isolated event but part of a continuing trend, representing the third consecutive quarter of growth and the most significant quarterly rise since
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