Transfer Pensions – Update

At the end of October, we wrote to hundreds of TBU members who had transferred their pensions out of one of the Lloyds Banking Group final salary pension scheme providing them with a standard letter to send to the Trustee. That letter said: “I have enclosed details of...

“Strain Every Last Sinew”

Those TSB staff who receive Universal Credit never got the full amount of the last cost of living payment in October because of the way the benefit works. If nothing changes, those same staff won’t get the full benefit of the cost of living payment in February 2023....

The Differences That Matter

Over the coming months staff are going to be fed the usual Accord diet of whispered half-truths and downright lies about Accord’s track record and what TBU does or does not do for its members. If you’re squeamish look away now, because we have no punches to pull on...

‘Wrongly Calculated’ Holiday Pay

Tens of thousands of employees on term-time contracts or on similar contractual arrangements could be entitled to back pay after a ruling by the UK Supreme Court. This decision will have wide-reaching implications for any organisations that engage zero-hours,...

TBU Did It

TSB has announced today that staff in grades B-D will be getting a £1000 cost of living bonus following our successful campaign. £500 will be paid in October and £500 will be paid in February 2023. In June we said: “TSB should follow the lead of Lloyds Banking Group...

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