united kingdom

UK: Be warned: Deliveroo’s victory over its riders shows just how vulnerable British workers are

Submitted by pmassetti on Fri, 11/24/2023 - 14:36

The Guardian (23.11.2023) On Tuesday, the supreme court ruled unanimously that Deliveroo riders are self-employed and do not have a right to collective bargaining. After seven years of legal battles, a case brought by the Independent Workers’ Union of Great Britain (IWGB) that began in Camden and Kentish Town, north London, finally reached the end of the road. For Deliveroo, the result is a substantial victory. The decision means the company is protected from the need to collectively bargain with a union over fundamental issues such as the lack of a guaranteed minimum wage.

Regions / Country
united kingdom
Digital plateform workers
Document Type

UK: Is the gig up for the gig economy? (Part one)

Submitted by pmassetti on Thu, 08/17/2023 - 16:14

hrmagazine.co.uk (17.08.2023) The gig economy continues to be a hot topic for discussion as the UK works on its position on fair work. Dan Cave uncovers the current climate and explores the alternatives.

Regions / Country
united kingdom
Digital plateform workers
Document Type

UK. Fifth of savers want oil excluded from their pensions

Submitted by pmassetti on Fri, 06/23/2023 - 11:45

pensionpolicyinternational.com (19.06.2023) A growing number of pension savers would like to see the oil sector completely excluded from their pension fund’s investments. Some 21 per cent of pension savers say they want oil to be axed from their pension, according to a survey from online pension provider PensionBee. This has jumped from 15 per cent of pension savers last year. Alongside oil, the main investments people want excluded from their pensions are companies contributing to deforestation, habitat destruction and predatory lending.

Regions / Country
united kingdom
Topics
Pensions
Document Type

The impact of using an income supplement to meet child poverty targets : evidence from Scotland

Submitted by pmassetti on Tue, 01/03/2023 - 18:02

strathprints.strath.ac.uk (2022) In 2017 the Scottish Government passed the Child Poverty (Scotland) Act with the commitment to significantly reduce the relative child poverty rate from the current prevailing level of around 25% to 10% by 2030/31. In response, the government introduced the Scottish Child Payment (SCP) that provides a direct transfer to households at a fixed rate per eligible child – currently £25 per week. In this paper we explore, using a micro to macro modelling approach, the effectiveness of using the SCP to achieve the Scottish child poverty targets.

Regions / Country
united kingdom
Global challenges
Topics
Family benefits
Document Type

UK. Minister calls on pension schemes to get “data ready” for dashboards

Submitted by pmassetti on Fri, 07/15/2022 - 15:36

Pension Policy International (14.07.2022) The calls come as the government publishes its response to a consultation which gathered feedback from industry, potential providers, consumer groups and future users on what data should be included and how this should be displayed to people. Bringing pensions into the digital age, dashboards will allow savers to see what they have in their various pensions – including their State Pension – in a single place online, at any time they choose.

Regions / Country
united kingdom
Global challenges
Topics
Pensions
Interoperability
E-services
Document Type

UK: Flexi-retirement increasingly common due to gig economy

Submitted by pmassetti on Mon, 04/04/2022 - 16:09

Money Marketing (30.03.2022) Flexi-retirement is becoming increasingly common, as more and more retirees are opting to work part-time in the gig economy. According to a new report from Abrdn, two thirds of people retiring in 2022 do not plan on giving up work completely. This compares to just over half of those who retired in 2021 and a third of 2020 retirees. The report, which surveyed 2,000 UK adults, reveals how the “class of 2022” plan to spend their and money in retirement.

Regions / Country
united kingdom
Global challenges
Topics
Pensions
Digital Economy Topical Cluster
Societal Impact
Document Type

UK: Over a third of people would accept lower pension savings for ethical investments

Submitted by pmassetti on Mon, 03/28/2022 - 16:30

Pensions Age Magazine (24.03.22) More than a third (37 per cent) of people would be willing to accept some reduction in their pension savings if their investments were made more ethically, a study by the High Pay Centre and Survation has found. Of those surveyed, two-thirds (66 per cent) said that they wanted their pension fund to reflect their ethical values and beliefs.

Regions / Country
united kingdom
Topics
Pensions
Document Type

Pension dashboards are coming - action for occupational pension schemes to take now

Submitted by pmassetti on Fri, 03/18/2022 - 16:42

Lexology (17.03.2022) Establishing a system of “pension dashboards” to enable individuals who have yet to take retirement benefits to find clear, standardised information about all their pension arrangements (including rights to state pension) in one place is a key element of the government’s pension strategy. The ambition is laudable but achieving it will be a mammoth task, requiring significant time and resource from occupational pension scheme trustees, pension managers and administrators.

Regions / Country
united kingdom
Topics
Pensions
Interoperability
E-services
Document Type

Public support for a universal basic income is dependent on the way it is funded

Submitted by pmassetti on Tue, 02/01/2022 - 17:09

lse.ac.uk (25.01.2022) The concept of a universal basic income has received increased attention since the start of the Covid-19 pandemic. But what do the public think about the proposal? Drawing on a new study, Leire Rincón illustrates that a key factor affecting support for a universal basic income is the way it is funded, with more people likely to back the policy if it is funded by increasing taxes for those on higher incomes.

Regions / Country
united kingdom
Topics
Extension of coverage
Document Type

Report: UK: Social Insecurity

Submitted by pmassetti on Tue, 02/01/2022 - 16:38

economy2030 (january 2022) The UK is facing a decade of unprecedented economic change as we adjust to a post-Covid-19 economy, a new economic context outside the European Union (EU), and the decarbonisation of the economy.  And the social security system has a key role to play in the years ahead: it is part of the policy toolkit for helping individuals and the economy as a whole deal with a period of enhanced labour market change, but it also needs to address the legacy problems of slow growth in living standards and high inequality.

Regions / Country
united kingdom
Topics
Social policies & programmes
Document Type