Sep 14, 2022 | All Members, Pensions
Soaring inflation, energy bills and prices means that many retired members of staff are already struggling in the worst cost of living crisis in a generation. Whilst the government has said that a typical household energy bill will be capped at £2,500 annually until...
Aug 31, 2022 | All Members, Pay, Pensions
When Lloyds introduced its pension cap in 2014, with the tacit support of Accord and Unite who refused to ballot their members on industrial action, it said it would keep the cap under constant review. Lloyds must undertake an immediate review of the pension cap now...
Aug 22, 2022 | All Members
The absolute scandal of the Lloyds and Accord pay deal is played out every month. This week, the latest figures showed that the RPI measure of inflation, the one used by unions when negotiating pay deals, was 12.3%. That figure is almost certainly going to hit 16% in...
Aug 10, 2022 | All Members, Pay, Pensions
One in twenty UK adults say they have stopped contributing into their company pension scheme because of the cost of living crisis. A further 6% of savers say they are actively considering pausing contributions; a further 9% might consider doing so in future according...
Aug 3, 2022 | All Members, GMP Court Case, Letters, Pensions
Latest News Letter To Mr. Harry Baines – LLOYDS BANKING GROUP PENSIONS TRUSTEE LIMITED v WALKER & OTHERS 3rd August 2022 ‘Wrongly Calculated’ Holiday Pay 29th July 2022 Interested In The Lloyds Vacant Roles? Read this First! 14th July 2022 Halifax Puts Staff In...
Jul 29, 2022 | All Members, Holiday Pay, Pay
Tens of thousands of employees on term-time contracts or on similar contractual arrangements could be entitled to back pay after a ruling by the UK Supreme Court. This decision will have wide-reaching implications for any organisations that engage zero-hours,...
