Chancellor promises ‘big bang on growth’ with pensions review
Under the plans unveiled by the Chancellor, billions of pounds of investment could be unlocked in the UK economy from defined contribution (DC) schemes alone.
Microsoft outage could have damaging effects for payroll
Following global issues with Microsoft today, Global Payroll Association warned that there may be knock-on effects for payroll services.
Labour workers’ rights plans gain large-scale public backing in TUC poll
The TUC has published polling that reveals overwhelming support for the Labour Party's New Deal for Working People.
Third of independent schools withdraw from Teachers’ Pension Scheme
Since 2019, 580 schools have notified the Department for Education of their intent to withdraw.
Employers lower salary budgets as employee base stabilises – WTW
The overall median pay rise for 2024 fell to 4.6%, compared 5.3% in 2023, as employers reported that a period of high resignation and turnover has passed.
Legal & General Retail launches DEI framework
Legal & General Retail has launched the second edition of its Chief Medical Officer Report, which explores how Group Income Protection (GIP) could help contribute to organisational diversity, equity and inclusion (DEI) goals.
Coventry Building Society recognised as one of the best workplaces for wellbeing
Coventry Building Society has been officially named one of the UK’s Best Workplaces™ for Wellbeing by Great Place to Work.
Financial resilience sees steady improvement in Q1, finds LV=
The quarterly survey of 4,000 adults analysed how personal finances have been affected by the high cost of living.
Scottish Widows launches Retirement Matrix to address decumulation
The tool will help advisers have better conversations with customers and help them boost their retirement income.
UK unemployment rises as wage growth remains high
UK unemployment rises to 4.4%, the highest since mid-2021, with 138,000 more out of work and wage growth steady at 6.0%.
Living Wage Foundation calls for the real Living Wage in social care
To ensure all adult social care workers are paid the real Living Wage, including the higher London Living Wage for those in the capital, it would cost an estimated £415m.
40% of LGBT+ employees feel more isolated at work than five years ago – Randstad UK
Victoria Short, chief executive of Randstad UK, said: “These findings are a stark reminder that discrimination against LGBTQI+ workers remains a significant issue in the workplace."
