The FT reports that the Confederation of British Industry has reacted angrily to a suggestion from t...
The FT reports that the Confederation of British Industry has reacted angrily to a suggestion from the TUC that companies be forced to pay compulsory contributions to occupational pension schemes. The FT says the CBI sees such a move as the biggest change to employment legislation since the introduction of the minimum wage, and says it would constitute an unfair tax on business. But the TUC argues that closing final salary schemes, as is increasingly the case, will only create a worse pensions crisis, which is of course the reason behind proposed regulatory changes in the financ...
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