Sarkozy refuses to back down after pension protests

clock

Nicolas Sarkozy says there is "no question" of anyone "distorting" his pension reforms after more than a million people took to the streets in protest.

Sarkozy's plans to raise the minimum retirement age from 60 to 62 by 2018 sparked widespread consternation and industrial action across France on Tuesday. Government agencies reported 1.12 million people held anti-reform protests, while unions claimed double that figure took to the streets. Unions yesterday called for another wave of strikes on 23 September. But in a statement, Sarkozy said he was "attentive to the concerns that have been expressed," but that he would not back down. The president offered some slight changes to his policy, such as allowing those who started work you...

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 uncategorised

Women in Financial Advice Awards 2026: Nomination deadline 8 May!

Women in Financial Advice Awards 2026: Nomination deadline 8 May!

Awards to be held at Hilton Bankside in London

Professional Adviser
clock 14 April 2026 • 1 min read
Editor's message: When new beginnings come together

Editor's message: When new beginnings come together

Professional Adviser will be back on Tuesday

Jen Frost
clock 02 April 2026 • 1 min read
PA Awards 2026: Photos from the night

PA Awards 2026: Photos from the night

Celebrating the advice profession's best

Professional Adviser
clock 20 March 2026 • 1 min read