Tag Archives: Remuneration

Quango chiefs grab million-pound pension pots

Those in the top management levels of public bodies, including quangos, often have non-typical remuneration packages which have been negotiated as a  one-off.

Taking a boost to your pension instead of an annual bonus is a very canny approach: not only is it tax-efficient, but even a small increase to your annual pension is equivalent to a very large increase in the value of your pension pot.

A survey of national quangos for The Sunday Times revealed more than 100 civil servants to have amassed pensions worth more than £1m – that’s more than £100m of payouts for only a small handful of workers.

The £3bn annual ‘black hole’ in public sector pensions is fast becoming a major issue (see my previous briefing on Lord Hutton’s pension review), and this figure has been forecast to rise to £7bn by 2015/16.

Full text of this article is on the Sunday Times website here, or read on.

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Tackling town hall misspending

I co-wrote this 2200-word feature for the Sunday Times’ Focus section, after writing a number of news stories on local government spending as the Coalition’s cuts came into effect.

(See: ‘Councils splash out on new HQs as staff numbers are slashed‘, ‘‘Slash and burn’ councils spare pet projects‘, ‘Britain in gloom as flowers axed‘, ‘Councils pile on tax by stealth’)

Full text on the Sunday Times website here, or after the fold.

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Councils hike charges by 100% or more

Behold, my first Sunday Times splash.

This story started as a quick trawl of local councils to see if cuts to local government budgets were impacting on the cost of council services. Short answer: yes. Everything from nursery provision to cemetery fees have seen charges hiked, or introduced for the first time, in councils across the country.

Struggling to make ends meet, councils are making big asks of their residents. But while the frontline staff scrabble for funding, council chiefs are still earning vast sums.

The full story is on the Sunday Times website here, or after the fold.

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The million-pound public servant

Combing through the accounts of government quangos for another story, I stumbled on this bumper paycheque at the government-owned Tote.

Full text is on the Sunday Times website here, or after the fold.

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BBC chief rehired after £365,000 payoff

This Sunday Times article is the result of an FOI request I made to the BBC, which revealed two ‘mega’ redundancy pay-outs.

One was made to the head of religion Michael Wakelin who was rehired only months later, the other went to market executive Sue Lynas, who was months from retirement. Both payments had been portrayed as cost-cutting measures.

Full text is on the Sunday Times website here, or read on.

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