WORKERS and employers are at loggerheads over the value of siestas, a survey by employment law adviser Peninsula claims.
Its poll of 1297 workers found 87pc believed they should be allowed an extra hour off work to have a siesta. However, 78pc of bosses thought siestas were a waste of time and would have a negative effect...
A number of pension schemes have been prompted to lock in gains with a move into bonds after the estimated deficit across FTSE 100 DB pension schemes improved by £36bn, over the 12 months ending 30 June last year, JLT Employment Benefits found.
HM Treasury has agreed in principle to give NEST a £329m contingent liability guarantee in the event of the master trust's wind up or closure.
AMP Capital has set up a dedicated team to help institutional investors, including pension funds, invest in infrastructure through direct equity allocations.