TUC threatens industrial action over pensions

clock

The Trades Union Congress (TUC) is threatening widespread industrial action over government plans to change current pensions policy in the public sector, including raising the retirement age from 60 to 65.

Congress has made the threat in its 2005 preliminary agenda, a precursor to events to be discussed at the annual TUC conference in Brighton next month. While the government has agreed to negotiate all aspects of the proposals during the conference, the TUC says it believes the Whitehall ministers will continue to argue ‘strongly’ for the pension age to increase. In a very thinly veiled threat the TUC says: “To defend our members’ interests it will be necessary to maintain and enhance the public sector campaign alliance and to organise together for maximum pressure should further united ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Advisers turn to smoothed funds to help manage volatility threat

Advisers turn to smoothed funds to help manage volatility threat

Decreasing exposure to equities also a popular strategy

Isabel Baxter
clock 26 March 2024 • 1 min read
Examining the 60/40: Building diversified portfolios in 2023

Examining the 60/40: Building diversified portfolios in 2023

Advisers have a lot to consider when it comes to portfolio diversification

Charlotte Moore
clock 14 April 2023 • 6 min read
Schroder Investment Solutions expands distribution of MPS

Schroder Investment Solutions expands distribution of MPS

Expanding the range of DFM choice on the Parmenion platform

Ayesha Venkataraman
clock 06 December 2022 • 2 min read