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Employers urged to increase sick leave flexibility

Employers should work to make their sick leave policies more flexible, according to a report by The Work Foundation.

The study into employee health and wellbeing aims to identify areas for policy improvement and suggest solutions to current problems.

Four in 10 (40%) of employees in the UK could develop chronic or fluctuating health conditions such as asthma, depression or...

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Annuity rates continue to fall

Annuity rates have fallen 10% since August 2014, a study by My Pensions Expert has found.

The figures are based on the amount a 64 year-old with a £100,000 pension pot taking out a single life policy would receive.

The data shows that:

  • the top standard rate is down by 8%
  • the top enhanced rate fell 10%
  • the top rate for a person with diabetes is down...
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Retirement saving hit by financial crisis

Almost half of savers stopped or reduced the amount they were saving for retirement following the economic downturn, research by HSBC has revealed.

The research sheds light on the long-term effects the 2007/08 financial crisis had on retirement saving.

The survey of more than 2,000 people found that 41% either reduced their savings or stopped them altogether after the financial...

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Involve employers in university studies, says education body

Employers should have more input into the design of university courses, according to a report by a higher education body.

The Quality Assurance Agency (QAA) argues that boosting employer engagement at university level will produce more 'work-ready' graduates and help to combat the shortage in workplace skills.

The QAA makes a list of recommendations to boost employer engagement...

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Government scheme approves 25,000th business loan

The Start Up Loan Company has approved 25,000 business loans, the Department for Business, Innovation and Skills has announced.

The Start Up Loans scheme is a government-backed fund designed to help entrepreneurs access finance. Successful applicants receive a repayable loan and are assigned a business mentor to help them launch their business.

According to the Start Up Loan...

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