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Latest News
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Date: 21st Jun 2010
The Bank is trying to divide staff by gaining support for the terms and conditions from some staff in the final salary pension schemes and all the staff in the money purchase pension schemes and isolate those from the rest of the staff. More Info >>
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Date: 21st Jun 2010
The Bank is proposing to introduce a new Money Purchase Pension Scheme called ‘Your Tomorrow’ on the 1st July 2010 for all new staff to the Bank. More Info >>
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Date: 26th May 2010
Today the Bank will announce details of its revised terms and conditions following negotiations with LTU. More Info >>
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Date: 26th Apr 2010
LTU has discovered that the pensions of Eric Daniels, Chief Executive, and Archie Kane, Group Executive Director, Insurance, the only two members of the GEC who are in Final Salary Pension Schemes, will not be subject to the same 2% cap that they themselves are attempting to impose on everyone else. More Info >>
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Date: 29th Mar 2010
The Sick Note with which we’re all familiar, is changing to The Statement of Fitness for Work or the Fit Note as it has been dubbed. More Info >>
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Date: 24th Mar 2010
Lloyds’ decision to impose severe reductions in the benefits of staff in its final salary pension schemes was made despite the clearest possible rejection in its own consultative exercise and overwhelming votes against acceptance in LTU’s ballot. More Info >>
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Date: 22nd Mar 2010
Over recent months LTU has felt it necessary to draw attention to the miscalculations and weak leadership of Accord and Unite, in an effort to encourage both to adopt a far more resolute approach to negotiations with the Bank. More Info >>
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