Does Your Employer Know You’re Disabled?
A recent case heard at the Employment Appeals Tribunal (EAT) has highlighted the importance of disabled employees informing their employers of their disabilities. The Equality Act 2010 says that people are disabled if they have a physical or mental impairment which...
Pay 2023 – One of the Worst Deals In The Finance Sector
At the same time as reporting record profits and a £50 million windfall dividend for its parent company, TSB is proposing to give its staff a miserly 6.5% pay increase. And that at a time when inflation is running at 13.4%. To put it simply, every member of staff in...
TBU Secures Top-Up Payments Worth £63 million
The Trustee of the Lloyds Banking Group Pension Schemes has said for the first time that it’s going to make top-up payments to those TSB members who transferred out of their final pension schemes. It will start making those payments later this year. We estimate that...
Confirm It In Writing!
“My manager said I could try the new job and if I wasn’t happy with it I could go back to my old role. Now they’re saying that this assurance was never given and that my transfer is permanent.”. I’m sure you won’t be surprised to hear that routinely we receive calls...
Letter to Nick Prettejohn Regarding FCA & PRA Fines
Pay 2023
Lloyds staff received another £500 cost of living payment in December. That’s on top of the £1,000 they have already received. TSB staff have got just £500 so far and have to wait until next February to get the next £500 payment. TSB should increase that payment...
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...
Letter To Mr. Harry Baines – LLOYDS BANKING GROUP PENSIONS TRUSTEE LIMITED v WALKER & OTHERS
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