The government aims to extend the new pension freedoms to those who have previously bought an annuity by allowing pensioners to sell their annuities from April 2017. However an independent study published by The Open University Business School, suggests there are fundamental barriers to effective competition for secondary annuities that are likely to prevent pensioners getting a fair deal, and that current government proposals appear insufficient to address this.
The Open University Business (OUBS) is pleased to announce two new External Advisor appointments. Dr Priya E. Abraham has been appointed as the External Industry Advisor and Professor Colin Beard joins as the External Academic Advisor.
In the West, we are all living longer. While this is undoubtedly a triumph in terms of advances in medicine, nutrition and lifestyle, at the same time, it has thrown up a huge challenge for families, communities and institutions who have to work out how to care for elderly people for much longer periods of time than ever before.
Today there is potentially an “always on workplace”, and this introduces exciting possibilities of better balance between work and leisure with many reporting increased levels of satisfaction. However, a potential increase in work intensification, and people’s struggles to detach from work, reminds us that with the possibilities come the problems.
Headlines can paint a picture of the UK economy struggling with extreme weather conditions – businesses forced to close, employees not paid because they can’t get to work, and road and rail networks grinding to a halt. But we’ve found, from our three-year project investigating how businesses and people react during disruptions, that this isn’t the case.
In this short video, Professor David Wilson, Professor in Organisation Studies at The Open University Business School, discusses the changes that have impacted on HR's standing in organisations over the past 10 years and what he sees as the challenges ahead.