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The Week in Numbers – 5th August

The Week in Numbers £40K – Amount lost by Yorsipp member who complained to the Pensions Ombudsman claiming due diligence failures. The complaint was thrown out last week. Up to 30% – Estimated hit to fund flows to pension providers if the Government radically reforms pension tax relief £20m – Level of redress Cash Genie has agreed to pay 92,000 customers following a deal with the FCA Five –…

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The Week in Numbers – 30th July

The Week in Numbers – 30th July 186 – Visits made to Barclays by the FCA during 2014, according to a Freedom of Information request – the most of any British bank 145% – Jump in compensation paid relating to investment advisers in 2014/15, totalling £183m, according to the FSCS annual report £20bn – Savings Chancellor George Osborne is demanding of Government departments over the life of the new…

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The Best Way To Resign

When it comes to leaving your job, however tempting the two-finger salute, or the verbal equivalent may be, you should never let your emotions get the better of you. ‘Don’t wait until you’re hopping mad to resign. Do it while you’re strong. And never express your anger to your boss, bide your time and keep it professional,’ advises occupational psychologist Colin Selby. You may have landed the job of…

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‘ALWAYS ON’ WORKERS PUT JOB BEFORE HEALTH SAYS REPORT

48% of UK employees have gone into work when ill in the last year 40% haven’t taken a single day off sick in last 12 months 28% say bosses pressure them into working through illness The health of British workers is threatened by an epidemic of ‘presenteeism’ according to a new report, with research showing that not even lunch, holidays or illness will stop us from leaving our desks….

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UK Employment trends in Brief – July 2015

Slower rise in permanent placements… June data signalled a further increase in permanent staff placements. Although remaining stronger than the survey’s long-run average, the rate of expansion eased to the slowest in 25 months. Candidate availability remains tight… A key factor weighing on growth of staff appointments was shortages of qualified candidates. Although easing slightly since May, rates of decline in both permanent and temporary candidate availability remained considerable….

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Workplace temperatures

If you’re wondering…. During working hours the temperature in all indoor workplaces must be reasonable. There’s no law for minimum or maximum working temperatures, eg when it’s too cold or too hot to work. However, guidance suggests a minimum of 16ºC or 13ºC if employees are doing physical work. There’s no guidance for a maximum temperature limit. Employers must stick to health and safety at work law, including: keeping…

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The Week in Numbers – Week beginning 22nd June

The Week in Numbers – Week beginning 22nd June £60K – Number of people who have accessed the pensions freedoms since they were introduced in April, Chancellor George Osbourne says £1bn – Amount of money savers have taken from their pension pots since April 4 – Number of providers removed from Intrinsic’s protection panel following a review. The Providers are Cirencester Friendly, LV=, Shepards Friendly and Zurich 3 –…

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The Week in Numbers – Week beginning 15th June

The Week in Numbers – Week beginning 15th June 10% – proportion of advice firms that disclose charges on their website based on a review of 50 firms by Candid Financial Advice £117m – Record fine imposed against Lloyds banking group for failing to handle PPI compliants properly 1,300 – Number of customers Friends Life wrote to last week to apologise for not being ableto offer full pensions flexibility £1m…

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