Upcoming Events

Jun
26
Tue
2018
9:00 am How to become a Non-Executive Di... @ Cornwall Buildings
How to become a Non-Executive Di... @ Cornwall Buildings
Jun 26 @ 9:00 am – 4:30 pm
How to become a Non-Executive Director – Birmingham 26 June 2018 @ Cornwall Buildings
Find out how you can obtain a Non-Executive Director position by booking a place on this interactive 1-day course.   ‘As an introduction to the world of NED’s this course is well structured to give[...]
Jul
17
Tue
2018
9:00 am How to become a Non-Executive Di... @ 111 Piccadilly
How to become a Non-Executive Di... @ 111 Piccadilly
Jul 17 @ 9:00 am – 4:30 pm
How to become a Non-Executive Director – Manchester 17 July 2018 @ 111 Piccadilly
Find out how you can obtain a Non-Executive Director position by booking a place on this interactive 1-day course. ‘As an introduction to the world of NED’s this course is well structured to give an[...]
Sep
11
Tue
2018
9:00 am How to become a Non-Executive Di... @ Institute of Directors
How to become a Non-Executive Di... @ Institute of Directors
Sep 11 @ 9:00 am – 4:30 pm
How to become a Non-Executive Director – London 11 September 2018 @ Institute of Directors
Find out how you can obtain a Non-Executive Director position by booking a place on this interactive 1-day course. ‘A well structured and presented introduction to the responsibilities, challenges and attributes required of being a[...]
9:30 am How to become a Non-Executive Di... @ Scotland Study Centre
How to become a Non-Executive Di... @ Scotland Study Centre
Sep 11 @ 9:30 am – 5:00 pm
How to become a Non-Executive Director – Edinburgh 11 September 2018 @ Scotland Study Centre
Are you thinking of becoming a Non-Executive Director as part of a Portfolio Career or to develop your boardroom skills prior to taking up an executive director role? Join us on Tuesday, September 11 2018 to[...]
Sep
19
Wed
2018
9:00 am The Effective Non-Executive Dire... @ Institute of Directors
The Effective Non-Executive Dire... @ Institute of Directors
Sep 19 @ 9:00 am – 4:30 pm
The Effective Non-Executive Director – London 19 September 2018 @ Institute of Directors
The effective Non-Executive Director course helps you to be an effective non-executive director. It instils a real sense of what is expected of NEDs, and how you can meet the challenge. This one-day interactive course is aimed[...]

News story: Poundworld Retail Limited in administration: how to claim redundancy or register as a creditor

Information for former employees If you’ve been dismissed

If you’ve been dismissed, you might be entitled to redundancy pay, holiday pay and statutory notice pay from the Insolvency Service.

The amount the Insolvency Service can pay you will be subject to certain legal limits. Information about the legal limits is available.

Other money you’re owed will be paid to you automatically through the company’s payroll. This includes salary, wages, or overtime you’re owed.

Who is eligible

You can to apply to the Insolvency Service for redundancy pay, holiday pay and statutory notice pay if:

you worked for Poundworld under an employment contract you live in England, Scotland or Wales

If you live in Northern Ireland you will need to make you application through The Department for the Economy. Find out about your rights in Northern Ireland if your employer is insolvent.

Workers and self-employed contractors who provided services to the company are not eligible to apply. Instead, these individuals should contact the administrator to register as creditors.

How to apply

The Administrator will give details about how to apply and will also give you a case reference number (eg CN12345678).

Once you have this information you can apply online.

Paying your claim

Once you submit your online application, it takes us an average of 14 days to process your application and pay claims.

However, sometimes we need to get additional information from you or from the administrator. This can take a bit of time.

We’ll contact you directly if we need anything from you.

We always try to pay eligible claims within 6 weeks of receiving the application.

Please don’t contact us to check the status of your application until after the six weeks have passed. This will help us deal with everyone’s application as quickly as possible.

Getting help

If you have questions about your situation or about any wages, salary, or overtime you’re owed, you can contact the administrator by:

phone: 020 7303 3399 Email

If you need help completing your application, you can contact the Insolvency Service’s Redundancy Payments helpline on 0330 331 0020.

When calling, please have your case reference number (eg CN12345678) and National Insurance number to hand. If you do not have a case reference number, please contact the administrator.

If you need to email us after submitting your claim, please only use the email address you gave on your application form. Otherwise, we won’t be able to respond to you for security reasons.

Other support available to you

JobCentre Plus, through its Rapid Response Service, is ready to support any employee affected by this announcement.

Support could include:

helping people facing redundancy to write CVs and find jobs providing general information about benefits helping people to find the right training and learn new skills helping with costs like travel to work expenses.

In Scotland, redundancy support is provided through the Scottish Government’s Partnership Action for Continuing Employment (PACE) – there is more information on the Skills Development Scotland website.

In Wales, the service is delivered by the ReAct scheme.

In Northern Ireland, for Jobseeker’s Allowance (JSA) and Income Support, contact your Jobs and Benefits office. For Employment and Support Allowance (ESA), contact the ESA Centre.

Contact Acas (Advisory, Conciliation and Arbitration Service) for help and advice on dealing with redundancy.

Anyone worried about their pension situation can ring The Pension Advisory Service (TPAS) on 0300 123 1047 for free and impartial guidance.

Factsheet: finding a new job, managing your finances and benefits available to you.

Information for creditors

You’ll need to register as a creditor in the administration if:

you haven’t been paid for goods or services you’ve supplied to Poundworld you’ve paid Poundworld for goods or services that you haven’t received

Information about how to register as a creditor can be found on the administrator’s website.

Further information

If you have any further questions, you can contact the Insolvency Enquiry Line.

The Insolvency Enquiry Line can give you general information about:

insolvency redundancy what redundancy payments offices do where you can go to get the information or advice you need Insolvency enquiry line

Contact form http://www.insolvencyd…

Telephone 0300 678 0015

For information about the insolvency process contact the Insolvency Enquiry Line during office hours. Open 9am to 5pm Monday to Friday except Wednesday 10am to 5pm. We can give you general information about: insolvency, what official receivers do and where you can go to get the information or advice you need.

We can’t give you: legal or financial advice, information on specific insolvency cases, information or advice on matters directly relating to other government departments.

[…]

Intel CEO resigns following breach of ‘fraternisation’ policy

Brian Krzanich resigns after it emerges he had a “consensual” relationship with an Intel employee in “violation” of company rules.

The post Intel CEO resigns following breach of ‘fraternisation’ policy appeared first on Board Agenda.

[…]

‘Grandfather’ financial services post-Brexit to protect 36m policyholders

Financial body TheCityUK calls on the UK and EU to work together to ensure that derivatives contracts, which underpin consumer-focused financial services, don’t collapse post-Brexit.

The post ‘Grandfather’ financial services post-Brexit to protect 36m policyholders appeared first on Board Agenda.

[…]

Why there is a case for live video streaming of boardroom meetings

If boardroom meetings were streamed live for investors, would there be an improvement in board performance? Kieran Moynihan of Board Excellence says radical steps like this are necessary to improve corporate accountability.

The post Why there is a case for live video streaming of boardroom meetings appeared first on Board Agenda.

[…]

Board moves for comparethemarket.com; Drax; and Abcam

The owner of Comparethemarket.com appoints Debbie Hewitt as chairman, while long-serving Peter Winslow lines up for departure.

The post Board moves for comparethemarket.com; Drax; and Abcam appeared first on Board Agenda.

[…]

Board moves for comparethemarket.com; Drax; and Abcam

Comparethemarket.com’s owner appoints Debbie Hewitt as chairman as long-serving Peter Winslow lines up departure.

The post Board moves for comparethemarket.com; Drax; and Abcam appeared first on Board Agenda.

[…]

Whitbread’s demerger pay plan under fire

Investors advised to oppose remuneration policy at Whitbread designed to incentivise demerger from key brand.

The post Whitbread’s demerger pay plan under fire appeared first on Board Agenda.

[…]

Whitbread’s demerger pay plan under fire from investor advisors

Investors are advised to oppose a remuneration policy at Whitbread designed to incentivise its demerger from Costa Coffee.

The post Whitbread’s demerger pay plan under fire from investor advisors appeared first on Board Agenda.

[…]

Portsmouth Hospitals NHS Trust – Non-executive Director

Non-executive Director – Portsmouth Hospitals NHS Trust We are looking for a Non-executive Director who shares the Trust’s ambition to innovate, transform and further strengthen their position as a leading healthcare provider and employer of choice. S1695 Essential criteria You will need to have a genuine commitment to patients and the promotion of excellent health […]

The post Portsmouth Hospitals NHS Trust – Non-executive Director appeared first on NEDworks.

[…]

Watchdog spotlights KPMG for ‘deterioration’ in audit quality

The Financial Reporting Council has highlighted a worsening in audit quality at KPMG as reports that audit standards across the Big Four firms has fallen.

The post Watchdog spotlights KPMG for ‘deterioration’ in audit quality appeared first on Board Agenda.

[…]