Newsletters From BTU
GMP Legal Case Part 2
The second part of the Union’s landmark legal case on Guaranteed Minimum Pensions (GMPs) will begin in the High Court early next year.Members will recall the High Court ruled last year that the Trustee of the Lloyds pension schemes is under an obligation to equalise...
The Surveys That Changed The World!
It was us. We did it. We boosted the UK economy to the tune of £48 billion (cost to date of the payment protection mis-selling scandal) and that had a greater impact than the Bank of England’s quantitative easing (QE) programme according to many economists. It was a...
Saving Money Or The Environment?
Let’s be clear, changing the company car scheme is not about saving the environment, it’s about saving money. When all’s said and done, the bank will save more money from forcing eligible employees to take the allowance, be that consolidated into basic pay or not,...
“Bumps In The Road” At Schroders
Members have been telling us for weeks that issues with the Benchmark system are seriously affecting their ability to offer customers a great service. These system problems are not “bumps in the road”, which sounds like a rather cack-handed attempt by senior...
Executive Pay And Pensions
At a recent hearing of the Work and Pensions Select Committee, Mr. Stuart Sinclair, Chairman of the Group’s Remuneration Committee, said: “When I go out to see people who are on £22,000, £30,000, £40,000 , they see Antonio as a winner....There is a charisma around...
Bank Ignoring Contractual Rights
Some senior members of the bank are telling staff they won’t be able to use the grievance procedure if they disagree with their end of year bonus awards. Bonus payments are discretionary and therefore the grievance procedure doesn’t apply according to the bank’s...
Letter To MP Frank Field Regarding Executive Pensions
Please click this text to view a PDF of the letter.
The Dangers Of Covert Recordings
Almost all of us now carry mobile phones capable of making audio recordings. It’s not surprising that, increasingly, BTU is presented with audio files which have been made covertly by members during meetings with their employers.The majority of these recordings are...
Opportunities For The Many
At a time when every announcement from the bank seems to be about more job cuts, it was a welcome relief to read about the creation of 500 new jobs in Edinburgh, which will now be the biggest digital engineering hub outside London. The bank has also said it will be...
Will your boss play favourites?
Do you work in a team or an office or branch where a group of colleagues seem to be the boss’s best friend? The ones whom your line manager praises the most, socialises with the most and confides in the most. Perhaps, they are the ones whose mistakes are never as...
BTU Newsletters
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