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Business IN BRIEF.

A THIRD of Scottish employees fail to notify pension providers of their new addresses, according to a study.

Research by Aon Consulting revealed that people were more likely to inform their dentist or the TV Licensing Authority of new address.

Some 35 per cent of Scottish workers with private sector pensions who have moved since 1996 have not passed details of their most recent house move to providers.

Researchers say this increases the risk that they lose touch with the provider and never claim their pension.

WORKERS feel more secure in their jobs than at any time in the past 18 months, a study has revealed.

Research by Lloyds TSB showed that more one in five people believes their job is more secure than a year ago.

As personal job fears ease, consumers felt more optimistic about general employment prospects in the UK.

Trevor Williams, chief economist at Lloyds TSB Corporate Markets, said: "On the back of solid economic growth, consumers are regaining confidence in the security of their jobs and the UK employment market in general."

THE Royal Bank of Scotland moved from seventh to fifth in Fortune magazine's most admired mega banks list this year.

Rivals HBOS came in at tenth on the list which is researched for Forbes by global management consultancy Hay Group.

RBS were praised for their "use of corporate assets" and "financial soundness".

But no Scottish companies featured in the overall top 50 Most Admired Companies globally, with only Tesco, BP and HSBC Holdings representing the UK.

SCOTTISH retailers enjoyed their strongest year-on-year sales growth last month since August, figures revealed yesterday.

Like-for-like sales grew by 4.1 per cent compared with a year ago and ahead of the UK rise of 3.3 per cent.

But Scottish retail Consortium director Fiona Moriarty said the figures looked better than they are because the comparison is with minimal growth a year ago.

She said a slight slowdown in food sales growth had been offset by stronger growth in non-food items.

GROUP 4 Securicor yesterday said they had seen an increase in the number of robberies on their cash-handling staff in the UK.

Chief executive Nick Buckles did not put a figure on the number of attacks, but said the industry as a whole saw an estimated 25 per cent year-on-year rise.

The cash-in-transit market in the UK is one of the most attacked in the world, reflecting the fact staff are not armed.

Across the group, pre-tax profits were 10 per cent higher at pounds 277million after turnover rose 8.4 per cent to pounds 4.35billion in 2006.
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Title Annotation:Business
Publication:Daily Record (Glasgow, Scotland)
Date:Mar 14, 2007
Words:434
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