The government has limited claims to backdated holiday pay to two years, following an employment appeal tribunal (EAT) ruling that overtime should be included in holiday pay.
Last month the EAT ruled in three co-joined cases that overtime should be factored in when making holiday pay calculations. However, the government announced its decision to limit backdated holiday...
The Co-operative Group's Somerfield Pension Scheme has completed a buy-in with Pension Insurance Corporation (PIC), insuring the benefits of its pensioner members.
Caroline Rookes CBE and Michele Hirons-Wood have joined The Pension Superfund's board of trustees to focus on maintaining governance standards and safeguarding member benefits.
The first specialist independent firm advising pension schemes on bulk annuities or moving to a consolidator has been set up with ambitions to shake up the market.