Government to fast-track plans to boost access to CDC pensions
CDC pension schemes, first introduced to the UK in 2022, enable savers to pool their money into a single fund to share investment risk and longevity risk.
Atom bank appoints Ayshea Robertson as chief people officer
Robertson joins from Zen Internet, the internet service provider, where she spent six years as CPO and board director.
Pre-Budget speculation “chips away at people’s confidence in pensions” – AJ Bell
Michael Summersgill urged the Chancellor to use her first Budget to commit to long-term stability in the pension tax system.
Scottish Widows launches Flexible Income Protection to bridge protection gap
42% of adults currently worry that their household would not cope if they were unable to work.
John Lewis axes CEO position, higher profit forecasts show “even keel” achieved
Nish Kankiwala took the role in 2022, as part of an emergency plan implemented by the business.
Tetley workers strike over alleged poverty pay
Paul Clark at GMB said: “These women work their fingers to the bone for this company, providing the UK with its favourite cup of tea."
Employees to keep 100% of earned tips as new law comes into effect
Employers are now required by law to pass all tips, gratuities, and service charges on to workers, without deductions.
London one of the worst cities to pursue a career in marketing – study reveals
Seine River Cruises conducted an analysis that identified Amsterdam and Rome as the top cities for financial savings while in London, marketing executives accumulate considerable debt.
InvGate reveals top 10 areas to start a business in the UK
A new study has revealed the best areas to start a new business in the UK, with Torfaen taking the top spot.
27% of UK employers ‘ghosted’ by new recruits on day one, research reveals
Two-fifths of employers that recruited in the past year have experienced employees resigning within the first 12 weeks.
Pension funds average 7.72% annual growth, savers further from retirement benefit most – PensionBee
A previous survey conducted by PensionBee revealed that more than a third of savers between the ages of 18 and 54 anticipated returns of between 5% and 7%.
Overtime pay could boost retirement income by £125,000 – Standard Life
Some industries, like manufacturing and construction, routinely offer paid overtime at typically 1.5-times the normal rate of pay, potentially creating a sizeable extra pool of earnings to dip into.
