It is good news that we now live longer, and can look forward to a longer retirement. The latest statistics reveal that on average men can expect to live to 78 years and women to 82 years. However, the chances of remaining healthy and able throughout our retirement and into old age are unfortunately not so good.
The Government’s Business Taskforce has made 30 recommendations to cut EU red tape. The Taskforce reported that the complexity and quantity of employment legislation coming from the EU is preventing job creation as many micro-enterprises are deciding not to employ staff because of the fear of being sued.
Although a meticulous lawyer, the Downton Abbey character, Matthew Crawley, died without leaving a formal will. As a result, Lady Mary was in danger of being left with almost nothing from her husband’s estate.
From 1 September 2013 new and existing employees can become employee shareholders. Whether businesses will choose to offer employee shareholder status roles remains to be seen but if they do (and if the employee agrees) the status essentially means that the employee will be given shares in the employer’s company, with a minimum value of £2,000, in return for giving up some of their employment rights.