Feb 20, 2023 | Advice, All Members
“We recognise that ensuring a fair environment for employees can be a good indicator of a firm’s culture, which we see as important for how it is treating its customers as well.” They’re the words of the FCA in a recent letter to the union. It’s a crystal-clear...
Feb 9, 2023 | All Members, Halifax
Lloyds has introduced a new policy which allows it to reduce redundancy payments by 50% if members of staff refuse to accept a ‘reasonable alternative role or reskilling opportunity’. The so called ‘reasonable role alternative’ test is going to be key for the vast...
Feb 7, 2023 | All Members, Executive Pay, Pensions
Members will recall that in one of our previous Newsletters we discussed in detail the bank’s new retail strategy. Whilst the new value treatment strategies are all very interesting, our concern is about how the rush for growth is going to change the culture of the...
Jan 31, 2023 | All Members
It took members of staff 20 minutes to evacuate the Lloyds building at London Wall following a fire alarm on the 12th January. That’s simply too long. If it had been a real fire, the consequences of such a delay don’t bear thinking about. A few weeks ago, Lloyds...
