The Employment Rights Bill has failed to pass its final legislative hurdle, as the House of Lords narrowly voted to reject the reform package for a fourth time over a last-minute amendment to remove the cap on compensation for unfair dismissal.
The Employment Rights Bill has failed to pass its final legislative hurdle, as the House of Lords narrowly voted to reject the reform package for a fourth time over a last-minute amendment to remove the cap on compensation for unfair dismissal.
An adviser won't be able to pursue claims that fund services giant IQ-EQ fired him to avoid paying out some €10 million ($12 million) in a share sale, after an employment tribunal held that his unfair dismissal complaint was filed too late.
The government has been asked to explain how it missed a key piece of evidence before it ruled out a compensation scheme for older women who missed out on state pension benefits.
A U.K. steel supplier has completed a £4 million ($5.3 million) full-scheme buy-in of its retirement plan with Aviva PLC, pensions company First Actuarial has said.
Insurance broker WTW has agreed to acquire pensions provider Cushon from NatWest Group to expand its operations in the rapidly growing defined contribution retirement savings market.
Eversheds Sutherland has hired its first two partners in Ireland since integrating its Irish practice into its international business in September, with a tax specialist returning from Pinsent Masons and an employment expert joining from Ogier Ireland LLP.
