Latest News
SWIP – The Underperforming ‘Dog’
Date: 12th Aug 2004
Lloyds TSB’s No 1 and No 2 Pension Funds, which between them are worth approximately £8 billion, are managed by the Scottish Widows Investment Partnership. More Info >>
Enhanced Protection Agreed for IT Staff
Date: 2nd Aug 2004
From the 2nd August staff will be told the outcome of the grade alignment process at their 1:1 interviews. More Info >>
New IT Salary and Grading Structure Delayed
Date: 18th Jun 2004
The new pay and grading structure for Group IT, which was due to be implemented on the 1st July, has been postponed until further notice. More Info >>
LTU Campaigns for Elected Trustees for TSB Staff
Date: 28th May 2004
One of the main provisions of the Pensions Act 1995 was that members of a pension scheme could elect at least one third of the scheme's trustees. More Info >>
Salesforce Transformation Update
Date: 5th May 2004
Last year LTU told members that the Bank had initiated a long-term project, called the Salesforce Transformation Project, which would be looking at the salesforce of the future, including the size of the respective salesforces, the type of products they sell, how the current roles are differentiated and how they are rewarded. More Info >>
The Widows Moves to India
Date: 22nd Apr 2004
Scottish Widows Senior Management has announced the first phase of its plans for the transfer of jobs to India. More Info >>
Group Operations - Improved Rest Breaks Agreed
Date: 2nd Apr 2004
In October LTU reported that it was nearing a breakthrough in it's longstanding campaign to persuade Group Operations to introduce a formal ‘Rest Breaks Policy’ for its staff. More Info >>
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