Articles about Pensions

Angry old man

IBM was wrong to force UK workers off final salary pensions – judge

A UK High Court judge has said that IBM breached its duties to Brit workers with a company pension by kicking a quarter of them off its final salary scheme in 2009. IBM's "Project Waltz" was implemented in 2009 to help the company meet its 2010 target for earnings per share (EPS) and cut costs. The scheme cut benefits to …
The Register breaking news

Fujitsu and Unite shake hands on pay, pensions deal

Staff at Fujitsu’s UK sites in Manchester and Crewe have ended their long-running dispute with the electronics giant after bosses agreed to bump up salaries and sort out other quibbles including pensions. Trade union Unite released a canned statement on Friday welcoming the agreement, which settles a dispute dating back to June …
Phil Muncaster, 23 Jan 2012
For Sale sign detail

HP loses MoD payroll and pensions deal to CSC

HP has lost the contract to supply pay, HR and pensions administration to the Service Personnel and Veterans Agency (SPVA) for the UK armed forces. "HP will work to ensure a seamless transition of activities to the successful bidder, ensuring no loss of service to the thousands of people who depend on the service," HP said in a …
Candy Crush Saga

MP caught playing Candy Crush at committee meeting: I'll ‘try’ not to do it again

Conservative MP Nigel Mills has been caught playing the popular and addictive mobile game Candy Crush Saga for over two-and-a-half hours while supposedly actively participating in a discussion on national pension reforms. Images and a video were published (paywall) in The Sun of the politician playing the game on his iPad in a …

Mobe-hungry BT's sales slip over Xmas amid EE buyout silence

Sales at one-time state telco monopoly BT fell by three per cent to £4.48bn in its third quarter, the company announced today. The decline, as compared to last year's Q3 revenues, reflects a "modest" decline in BT's business revenue with more customers moving to data and VoIP services, it said. The company also blamed foreign …
Kat Hall, 30 Jan 2015
SoftLayer's data center

SCC bags universal credit hosting contract

Reseller and IT services outfit SCC has won a two-year hosting deal for the Department for Work and Pensions' (DWP) troubled universal credit programme for a sum worth "over six figures". The deal was awarded through the G-Cloud and is part of the DWP's next "digital service" phase of the programme, which is currently being …
Kat Hall, 27 Feb 2015
Angry old man

Who uses the Universal Credit system? ALMOST NOBODY, says report

Very little progress has been made on the Department for Work and Pensions' disastrous Universal Credit programme, with just 0.3 per cent of the eligible population using it, the Public Accounts Committee has said. “As the department has justified this spending on the promise of benefits in the future – such as from higher …
Kat Hall, 25 Feb 2015

UK public sector biz keeps French giant Atos buoyant

Sales at French outsourcing giant Atos rose 5.1 per cent to €9.1bn (£5.9bn) for its full-year 2014, buoyed by UK public sector spend. Net income was €283m (£183m), up a respectable nine per cent from the previous year. However, the firm said when currency exchange was taken into account, sales dropped 1.1 per cent on last year …
Kat Hall, 19 Feb 2015
Oracle Termites

Government locked into £330m Oracle contract until 2016

The Home Office is locked into a £330m mega-contract with Oracle and Fujitsu until 2016 – despite recent moves to slash costs by shifting its ERP system into a shared services centre run by French mega-integrator Steria, according to a Freedom of Information response. The contract was signed in 2009 for an Oracle E-Business …
Kat Hall, 08 Dec 2014

£100 MILLION poured down drain on failed UK.gov IT projects - in just ONE YEAR

Whitehall mandarins have wasted more than £100m on failed or cancelled IT projects in the last 12 months. That’s according to the Taxpayers’ Alliance, which has collated losses across all departments for 2013 – 2014. The Alliance uncovered £107m lost as projects were scrapped, gains weren’t realized or unnecessary costs were …
Gavin Clarke, 16 Feb 2015
Houses of Parliament in night-time

Universal Discredit: Gov admits Treasury HASN'T signed off biz case

Iain Duncan Smith's Department for Work and Pensions scrambled to dismiss comments made by the government's head of the civil service late on Monday, after Sir Bob Kerslake told MPs that the Treasury had yet to make the business case for the widely derided Universal Credit programme. The chair of the Public Accounts Committee, …
Kelly Fiveash, 08 Jul 2014
Old Bailey Lady Justice

More Home Office and MoJ jobs could move abroad, union warns

Jobs at the Ministry of Justice and the Home Office could be next in line to be offshored to India, the PCS union has warned, with both departments joining a £1bn shared services venture with outsourcing giant Steria. The Shared Services Connected (SSCL) joint venture, in which Steria owns a 75 per cent stake and the Cabinet …
Kat Hall, 31 Oct 2014
Tommy Lee Jones delivers implied facepalm. From No Country for Old Men  Copyright Miramax Pictures. 2007.

YES, we need TWO MEELLION ORACLE licences - DEFRA

The Department for Environment, Food & Rural Affairs and its agencies are still forking out vast amounts of taxpayer cash on no less than two million Oracle licences, despite efforts by the government to slash expensive annual ERP fees. According to a Freedom of Information response to El Reg, DEFRA and some other relatively …
Kat Hall, 07 Jan 2015

Our system handles £130bn and it's BUST. Want the job of fixing it? Apply to UK.gov

The Department for Work and Pensions (DWP) has identified "technical and security vulnerabilities" in its £284.9m central benefits payment system - responsible for underpinning the much-maligned Universal Credit programme and processing 13 million payments each week, The Register can reveal. The Central Payments System's …
Kat Hall, 20 Nov 2014

Car-crash IT: HUGE write-off for Universal Credit - PAC

Just £34m of IT investment will be re-usable from more than £600m spent on the Universal Credit car-crash IT programme "if" a digital version of the system ever arrives, a Public Accounts Committee hearing has indicated. "The truth is of what we've invested in live, only £34m will go over to digital," said PAC chair Margaret …
Kat Hall, 11 Dec 2014
Downing Street road sign

Must diarise: UK.gov Verify ID system will 'definitely' work by 2016

The government insists it will meet its 2016 deadline for all digital services to be underpinned by its gaffe-prone identity assurance system, GOV.UK Verify – despite having failed to move off the increasingly vulnerable Gateway system. By March 2016 the Government Digital Service intends all departments to have integrated …
Kat Hall, 09 Dec 2014
man_inks_deal_channel signs contract services

Clock's ticking for suppliers who want a piece of hot DWP action

The Department of Work and Pensions has issued a call to tech firms to provide and host a toolset for service integration and management functions in a gig worth up to £17.5m over the next three years. The contract notice posted on the Official Journal of the European Union today, part of IT Transformation Programme, gives …
Paul Kunert, 03 Sep 2014

UK.gov shuns IT support tower model. Now what the hell do we do?

Escaping the clutches of the big evil system integrators has long been part of the government's IT rhetoric. Yet confusion reigns as to what the strategy actually is now that previous "disaggregation" plans have been torn up – and those contracts are about to expire. Outsourcing overall might be on the rise across the public …
Kat Hall, 24 Feb 2015

Universal Credit CRISIS: Howard Shiplee SHIPS OUT of top job

The Department for Work and Pensions' deeply troubled Universal Credit project has lost yet another chief, after Howard Shiplee quit the role on Monday. His decision to walk is a big blow for Secretary of State Iain Duncan Smith, who has witnessed a revolving door of UC bosses since the Cabinet minister unveiled his one-dole-to- …
Kelly Fiveash, 30 Sep 2014

UK.gov set to burn half a BEELLLION POUNDS on one-dole-to-rule-em-all IT, claims PAC chair

The UK government's deeply troubled Universal Credit omni-dole project is expected to lead to IT write-offs of more than £500m, according to Public Accounts Committee chair Margaret Hodge. In an interview for a special BBC Radio 4 programme on welfare reform, the Labour MP said that she believed money blown on the taxpayer- …
Kelly Fiveash, 29 Oct 2014

Piketty-Poketty-Poo: Some people are JUST ITCHING to up tax to capital ...

Worstall @ the Weekend I'll cop to being a bear of little brain, for it can take me a long time to spot what should be obvious. And so it is with my taking so long to work out what's really going on with Capital in the Twenty-First Century author Thomas Piketty and all that wealth inequality stuff. I believe his book is essentially a political project …
Tim Worstall, 02 Nov 2014

Piketty thinks the 1% should cough up 80%. Discuss

Worstall on Wednesday Piketty's Capital in the 21st Century has the economics world agog: be the first among your friends to really understand it. Thomas Piketty's book, Capital in the 21st Century, has managed to top the Amazon bestseller lists as well as getting economists snarling at each other. It's the combination of these feats that is so …
Tim Worstall, 04 Jun 2014
Candy Crush Saga

Hooker beating: What if you read the Bible AND play GTA5?

QuoTW Angry Aussie gamers were up in arms this week after Target and Kmart pulled Grand Theft Auto V from sale in the country. The shops dumped the game after a petition on Change.org claimed that GTA5 “encourages players to murder women for entertainment”: The incentive is to commit sexual violence against women, then abuse or kill …

Hewlett-Packard paid £1.7bn by UK.gov in 2 years – report

Hewlett-Packard is the single largest supplier of services to the British government, according to a new report. Meg Whitman’s PC and server company made in excess of £1.7bn off HMG in 2012 and 2013, the Institute for Government says. The group, however, warns that “some” of its figures are not accurate. According to the …
Gavin Clarke, 27 Jun 2014

Universal Credit: £40 MILLION and counting's been spaffed up the wall on useless IT gear

The chaotic IT implementation of the one-dole-to-rule-them-all benefits system will lead to millions of pounds of taxpayers' money being wasted, secretary of state for work and pensions Iain Duncan Smith admitted to MPs. Work and Pensions Secretary Iain Duncan Smith MP confirmed to Parliament's Work and Pensions select committee …
Kelly Fiveash, 10 Dec 2013

Basic minimum income is a BRILLIANT idea. Small problem: it doesn't work as planned

Worstall @ the Weekend Given that we've a general election coming up, people are starting to actually pay attention to what the various politicians are saying. Which is, of course, interesting, for it's often the first time that said politicos are asked whether their sums add up. So it was when Natalie Bennett of the Green Party was “questioned” - …
Tim Worstall, 08 Feb 2015
Jersey cow

Glastonbury debuts festival wide Wi-Fi network - fitted to COWS

It's one of the great problems of modern times. How does the average thirty-something festival-goer send their friends a Yo while off their chops in some far-flung field? Luckily for the ageing denizens of Glastonbury, EE has stepped in with a flock of Wi-Fi equipped cows to make sure no meal remains un-Instagrammed and no …
Jasper Hamill, 23 Jun 2014

UK government accused of hiding TRUTH about Universal Credit fiasco

A government body tasked with flagging up troublesome Whitehall projects has been accused of secrecy and ineptitude over its handling of the Department for Work and Pensions' widely panned Universal Credit programme. MPs sitting on the Public Account Committee said in a report published today that the Major Projects Authority, …
Kelly Fiveash, 19 Aug 2014
Life of Brian

Unionised workers vote to become thorn in HP's side

Some HP workers in the Application Services (AS) division based at Lytham and Warrington have voted against plans to relocate 400 roles to regional delivery centres. According to numbers from HP and the Public and Commercial Services (PCS) union, 99 of the 331-strong base of unionised workers at the two sites returned a ballot …
Paul Kunert, 14 Jul 2014
slow_sign

Pension quango's £18.5m project FINALLY goes live... 2 months late

Exclusive An £18.5m project carried out on behalf of the UK's Pension Protection Fund (PPF) has finally gone live - two months late. A comprehensive IT infrastructure overhaul and modernisation of hardware and software was due to be installed and running by 28 February. However, The Register has learned that CGI missed both the February …
Gavin Clarke, 01 Jul 2014
Francis Maude

Never mind bungled Universal Credit rollout, Maude wants UK to be 'most digital' gov by 2015

Just one day after Francis Maude labelled the bungled deployment of Universal Credit - the all-in-one replacement for the benefits system - as "lamentable", the Cabinet Office Minister has been trumpeting that the UK could be "the most digital government" in the G8 by next year. Maude made the claim on Thursday when his office …
Kelly Fiveash, 10 Jan 2014

MoJ IT workers 'n' pals extend strike action over privatisation

Unionised civil servants at the MoJ have extended strike action over plans to outsource back office functions to a French integrator amid fears of wide-scale job cuts. As revealed first by us last month, members of the Public and Commercial Services (PCS) union voted in favour of industrial level protests over the MoJ's decision …
Paul Kunert, 29 Jul 2014

Ofcom mulls selling UK govt's IPv4 cache amid IPv6 rollout flak

Comment The UK is in danger of falling behind the rest of the world in rolling out IPv6 networking, while Ofcom sees pound signs and focuses on workarounds, it's claimed. In a thought-provoking blog post, internet policy expert Emily Taylor digs into the UK's adoption of IPv6 – an upgrade to internet infrastructure that experts have …
Kieren McCarthy, 16 Dec 2014
The Register breaking news

Chancellor to raid pensions, Whitehall to revamp UK broadband

The Chancellor of the Exchequer is expected to deliver a gloomy autumn statement to MPs tomorrow when he will unveil the Treasury's gambit to boost the economy by pumping £30bn into the UK's ageing infrastructure - which includes more cash for broadband. To do that, cuts of around £5bn are planned for Whitehall and George …
Kelly Fiveash, 28 Nov 2011

Ministry of Justice IT bods to strike over outsourcing fears

Nearly half of the unionised techies at the UK's Ministry of Justice have voted to strike over proposals that could shift IT service work into the private sector. At the heart of the matter is the Cabinet Office's excitingly titled Next Generation Shared Services Strategy, which was published in March 2013: the strategy's …
Paul Kunert, 20 Jun 2014

Labour vows: We'll pause one-dole-to-rule-them-all for drastic fix-up if elected in 2015

The Labour Party has promised to put the brakes on the deeply troubled Universal Credit system for three months if it gets into government next year. During that time, shadow work and pensions minister Rachel Reeves said that Labour would urge the National Audit Office to conduct a review of the lumpen welfare reform programme. …
Kelly Fiveash, 24 Jun 2014

Capita IT Services staff plan strike over pay this Friday

Unionised Capita IT Services (ITS) workers are staging a one-day strike over pay on Friday. Unite reckons the industrial action could impact customers including Deutsche Bank and Prudential. Negotiations between staff and management have hit the buffers and top brass at the integrator are refusing to get back round the table to …
Paul Kunert, 24 Jul 2013
Google sign outside Mountain View headquarters

Google spaffs $50 MILLION on 'get girls coding' campaign

It's a job that involves long hours sitting in front of a computer, bashing characters into a computer while ignoring the happy people who are outside, frolicking in the sunshine. What hip young woman wouldn't want to be a computer programmer? With this in mind, Google has embarked upon a $50m drive to encourage women to get …
Jasper Hamill, 20 Jun 2014

IDS finally admits what EVERYONE ELSE already knows: Universal Credit will be late

Work and Pensions Secretary of State Iain Duncan Smith admitted for the first time today that the government's Universal Credit system is unlikely to hit its original 2017 deadline, following costly technology implementation blunders. The one-dole-to-rule-them-all project has been hamstrung by poor management, bad decision- …
Kelly Fiveash, 05 Dec 2013

Special pleading against mass surveillance won't help anyone

Earlier this week we discovered that not only are London's Metropolitan Police rampantly abusing data-snooping laws to hunt down and punish employees who talk to journalists, we also learned that they don't even bother counting how often they do this. Police abuse of these powers came to light, after police sources who talked to …
Gareth Corfield, 21 Sep 2014

UK.gov pops lid off £700m barrel of non-Cloudable hosting pork

The Cabinet Office is seeking a joint venture partner to help it tackle what it describes as one of the most costly areas of public sector tech – hosting. Crown Hosting (CHS), along with Government Digital Services, is hunting for a "private sector partner" to take a minimum 75 per cent stake in a joint venture vehicle to …
Paul Kunert, 21 Jul 2014

Need reminding how troubled Universal Credit is? MPA puts it in special 'reset' category

Iain Duncan Smith's massively troubled Universal Credit system is so deep in the toilet - according to the government's Major Projects Authority - that it's not even worthy of being flagged with a "red" warning anymore. The Department for Work and Pensions has made such a hash of the huge benefits' reform scheme – which has been …
Kelly Fiveash, 23 May 2014
Fawlty Towers

Apple cash stash dash results in Icahn v CalPERS bitchfight

Activist investor Carl Icahn has gone to war with the pensioners of California over his bid to get his grubby mitts on Apple's mammoth money pot. The moneyman wants Apple to launch a $50bn share buyback, which would give shareholders a profitable but brief payday. But the California Public Employees' Retirement System (CalPERS …
Jasper Hamill, 06 Feb 2014
The Register breaking news

IBM UK snuffs 'final salary' pensions

IBM UK has shelved its "final salary" pension plan, pulling this prime benefit out from under about 28 per cent of its workforce. With an email sent to employees at about 5:30pm UK time - after most employees had likely gone home for the day - IBM UK and Ireland general manager Brendon Riley announced the end of the company's …
Cade Metz, 07 Jul 2009

WANTED: New head of crashingly expensive, error-prone and frankly cursed one-dole-to-rule-them-all system

Whitehall mandarins are deeply touchy about what historians may eventually consider to be one of the Tory-led coalition government's biggest domestic failures – the widely slammed Universal Credit benefits' system. In fact, that sensitivity around Universal Credit (UC) has led to the Department for Work and Pensions scurrying to …
Kelly Fiveash, 15 May 2014
ISC Compucolor II. Source: Oldcomputers.net

Fingers crossed! Half a trillion quid in public cash entrusted to ageing gov IT

Nearly half a trillion pounds in tax and other revenues lining the UK government's coffers every year are processed by decades-old IT systems - and the National Audit Office is worried. The auditors, who this week published fresh research [PDF] on public-sector tech, estimated that £480bn of government revenue relied on legacy …
Paul Kunert, 12 Sep 2013
The Register breaking news

UK's £500m web dole queue project director replaced after JUST 4 months

Exclusive The Department for Work and Pensions has replaced the project director of Universal Credit, its £500m web-based benefits system, days after denying it's suffering an IT management crisis. Project director Hilary Reynolds will be moved sideways and her role filled by David Pitchford, Universal Credit's chief executive. Pitchford …
Kelly Fiveash, 11 Mar 2013
The Register breaking news

IBM UK pensions in doubt

IBM managers are in meetings across the country to hear about changes to the company pension. Observers are speculating that the firm will announce the end of the UK's final salary pension, as it has already done in the US. A flock of major UK - and US - companies have pulled the plug on their traditional final salary schemes …
Team Register, 26 Jan 2006
Photo by Adam Hart-Davis

IBM hid China's reaction to NSA spying 'cos it cost us BILLIONS, rages angry shareholder

An IBM shareholder is suing Big Blue, accusing it of hiding the fact that its ties to the NSA spying scandal cost it business in China – and wiped billions off its market value. The Louisiana Sheriffs' Pensions and Relief Fund has filed the suit in New York, claiming that Big Blue "misrepresented and concealed" that its …

Hold on a mo: Brits blow £56m a year on the blower to gov minions

British callers spent £56m last year on calling costly 084-prefixed numbers for government departments, the National Audit Office has said. The public spending watchdog released a report today that showed that Blighty's government departments were still using higher rate phone numbers, particularly in the Department of Work and …