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Thank you to everyone who provided input around key concerns, including hybrid working arrangements, changes to KPIs, and the broader impact of this transition.

We have now received responses from management to various issues –read their full responses here.

Other common questions answered

What will happen to my crystalised severance entitlements?

Your crystalised severance entitlement will transfer across to SS&C with you and will remain throughout your employment.

In January this year, all IFL colleagues with a crystalised severance entitlement received their Confirmation of Crystalised Severance Pay letter. Importantly, these letters include the following: “Your Preserved Severance Arrangement will also be maintained in the event of a transfer of employment where prior service is recognised for the purposes of severance pay by a new employer.” This includes SS&C.

Will I need to go through another probation period?

As SS&C are honouring continuation of service, no probation period will be applicable if you have successfully completed your probation period. If you are currently still within your initial probationary period, this will carry over to SS&C.

Next steps

While management’s responses provide some clarity, we know from past experience that collective action is required to ensure this transition remains beneficial for employees.

We therefore urge all members to stay engaged, share feedback, and work together to secure the best possible outcomes. To ensure you receive expert representation throughout this process, make sure you’re amember of the FSU today.

If you have any further concerns or require clarification, please reach out. We will keep you updated on any further developments and opportunities for input.