Welcome to our latest newsletter, the second of 2018.
As ever we are grateful for the many contributions from various sources including both national committee members and those in the regions and branches. We continue to try to ensure the articles cover a range of issues which will be of interest to Life Members who are still active in NAHT or those who choose to do other things.
I hope the newsletter provides interesting and informative reading. Any comments, questions or indeed ideas for future articles please send to Mike Wilson, communications and development officer email@example.com.
Government committee publishes report on support for working carers
Article from Employee Benefits magazine, by Katie Scott, 18th May 2018
The Work and Pensions Committee has published a report detailing recommendations on how working carers can be better supported by both employers and the government. This includes proposals to make the right to request flexible working available from an employee’s first day.
The report, Employment support for carers: thirteenth report of session 2017-19, sought to offer advice on how working carers can be better supported to stay in, or enter, employment. The report covered recommendations for the existing state benefits system around the carers’ allowance, potential changes to employment policies and also how the government can act as a model employer in this space.
Among its suggestions, the committee recommended that the Flexible Working Regulations 2014 are amended so that the statutory six-month tenure that takes place before an employee can request flexible working is changed to become a day one right.
Read more: https://www.employeebenefits.co.uk/issues/may-2018/government-support-working-carers/
Pensioners are forecast to have amassed a total of £86 billion in debt by the end of the year, up by £35 billion from just five years ago, research suggests.
And worrying data from the Centre for Economics and Business Research indicates that the rate at which over-65 debt is accruing is accelerating.
The research, which was commissioned by equity release lender More 2 Life and is based on data from the Office for National Statistics, also found that homeowners aged 65 to 74 who are paying off a mortgage owe an average of £120,000.
Read more: http://www.thisismoney.co.uk/money/news/article-5753383/Pensioners-86-billion-debt-end-year.html#ixzz5GVtEB6Ce
Health & Well-being
If you think retirement is an automatic ticket to a happier life, this new briefing might give you pause for thought.
A review by whatworkswellbeing.org looked at the global evidence base of mental health and wellbeing in the UK and similar countries. The way we retire matters for our mental health and wellbeing. And it affects us differently depending on who we are, what type of job we are leaving, and whether we have a choice in our retirement plan.
The most important factor is control over retirement timing. Being forced to retire due to restructuring or ill health is negative for mental health and wellbeing. Those who take up bridging jobs because of financial strain showed lower wellbeing.
Read more: https://whatworkswellbeing.org/blog/retirement-and-wellbeing-what-works/
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