New ways of protecting people from the kind of economic distress caused by the COVID-19 pandemic may be found in mandatory schemes that would provide support when hardship hits, research from Zurich Insurance Group and the Smith School of Enterprise and the Environment at the University of Oxford reveals. Among the recommendations in the report, “Shaping A Brighter Future of Work” , are calls to consider mandatory provision of some types of income protection insurance, such as coverage for disabilities and unemployment. Auto-enrollment of employees in plans such as those that offer basic income protection and participation in […]
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