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Sickness cover to be provided for Uber drivers 4 May 2017
IPSE has announced a partnership that means UK drivers using the Uber app will now be able to access a range of membership benefits, including sickness cover if unable to work for two weeks or more.
IPSE is the membership body of independent professionals in the UK who make sure the self-employed are represented to government.
IPSE has announced a first of its kind partnership that means UK drivers using the Uber app will now be able to access a range of IPSE membership benefits, including illness and injury cover.
IPSE worked hard with Uber to develop a membership offering for this growing part of self-employment. Bringing drivers who use the app into its membership is part of IPSE’s mission to better reflect the reality of self-employment in the UK. All active drivers who use the Uber app in the UK (and have completed at least 500 trips) are eligible.
The benefits of drivers joining IPSE include:
Sickness and injury cover up to £2,000 – if unable to work for two weeks or more. Jury service cover up to £2,000 Access to free advice and support on paying tax as well as personal finance issues such as mortgages, pensions and saving for the future.
Read more from IPSE .
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Millennial women less financially confident than millennial men 5 May 2017
New research from the Pensions and Lifetime Savings Association (PLSA) reveals that millennial (18-35 year old) women feel more financially anxious than their male peers. This is particularly concerning as they have the smallest gender pay gap (5%*) of any age group and therefore should arguably be at their most financially confident. Key financial indicators Research of 1,001 millennials revealed that women were less financially confident than millennial men across a series of key financial indicators. They were less optimistic about career advancement (55% of women versus 61% of men) Almost twice as likely to report a decrease in their salary over the last six months (14% of women versus 8% of men). They were more likely to report increasing bills over the last six months (41% of women and 33% of men) Almost three times as likely to say they had borrowed more over the past six months (33% vs. 12% of men). Women were more likely to feel that the pressure to save for the future had increased in the last six months (51% of women and 36% of men) although they were less optimistic about purchasing a home (26% vs. 35%) which is often a significant savings goal. Worse off than their parents Similar proportions of millennials of both genders felt that they were less able to save than their parents (men – 57% and women – 58%) and that the basic cost of living is higher (men – 85% and women – 88%). However, more women (37%) than men (30%) felt that they had worse ‘life opportunities’ than their parents’ generation which suggests that while the gender pay gap may have improved, they still perceive barriers to achieving their ambitions.
Confidence and knowledge
The Chartered Institute of Payroll Professionals
Policy News Journal
cipp.org.uk
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