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Date: 03/12/08 
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Inflation

Retail Prices Index

September 5.0%
August 4.8%
July 5.0%

Source:
Office of National Statistics

Pay Deals

Average pay settlements to August 2008 (exc. bonuses)

Private Sector 3.6%
Public Sector 3.6%


Source:
Office of National Statistics

employee rewards & benefits news

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23-Jul-08 10:15 [Pensions]
Pensioners missing out on benefits
Confusion regarding the benefits system is keeping many pensioners from claiming what is rightfully theirs, it has emerged.

Research by charity Age Concern revealed that six out of ten lower-income pensioners are dissuaded from claiming benefits due to the complex nature of the system, with 48 per cent confused by form-filling and nearly half finding means-testing too intrusive.

Age Concern revealed that, as a result, up to £2.5 billion is left unclaimed every year.

Director general of Age Concern Gordon Lishman has urged those living on a limit to see which benefits are available for them.

He said: "Many pensioners are put off claiming benefits because they find the system confusing. Yet this is money that is rightfully theirs and, if claimed, could make a big difference to their weekly income."

A report released by the Joseph Rowntree Foundation at the beginning of this month found that, on average, pensioners needed £201 a week to maintain a minimum standard of living.



Conversion courses are currently attracting a host of new teaching candidates across the country as teachers seek a career change, it has been stated. Find out more>
The Pension Protection Fund (PPF) could be put under a large strain should the situation surrounding Woolworths deteriorate further, it has been stated. Find out more>
02-Dec-08 [Pay and Reward]
Allen v GMB resolved
The court of appeal has resolved the long-running feud of Allen v GMB, it has been reported. Find out more>

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