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HR strategyPay & benefitsPensions

News in brief

by Personnel Today 22 Mar 2005
by Personnel Today 22 Mar 2005

HR call for pensions help

HR directors are calling for more help in tackling the pensions crisis, according to research by recruitment agency Resource Innovations. More than half (58%) believe the government should be doing more to support them by offering incentives for people to make pension contributions. The research questioned HR directors from organisations such as the Met Police, the Audit Commission, insurance firm AXA and Deloitte. www.riltd.com

TUPE consultation

The DTI has launched a consultation on draft regulations to reform legislation protecting employee rights when companies change ownership. The proposed changes update the Transfer of Undertakings (Protection of Employment) Regulations, improving protection for employees and reducing transaction costs. A Personnel Today guide to the regulations will be published later in the year. www.dti.gov.uk/er/tupeconsultation.pdf

GMB chief suspended

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Kevin Curran, general secretary of the GMB union, has been suspended for allegedly interfering in an inquiry into ballot rigging during his election. Curran has been accused of putting pressure on a QC appointed to investigate alleged voting irregularities. He refused to apologise when asked by the union’s executive committee. 
www.gmb.org.uk

BT’s retirement review
Telecoms giant BT is reported to be considering raising its mandatory retirement age as part of proposals to cut its huge pension deficit. An internal review is at an early stage, according to reports in the national press. BT’s 100,000 employees currently work until they are 60. Next month Bradford & Bingley bank will raise its retirement age from 60 to 65 for staff in its final salary plan. www.personneltoday.com/28711.article




 

Personnel Today

Personnel Today articles are written by an expert team of award-winning journalists who have been covering HR and L&D for many years. Some of our content is attributed to "Personnel Today" for a number of reasons, including: when numerous authors are associated with writing or editing a piece; or when the author is unknown (particularly for older articles).

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Personnel Today
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