Almost 750,000 people are taking to the streets today to protest over proposed changes to their pensions. Professional Pensions, IFAonline's sister title, takes a closer look at all the key facts and issues...
Members from the National Union of Teachers, Association of Teachers and Lecturers and the Public and Commercial Services Union will walk out over pension reforms put forward by the Treasury. The reforms are based on recommendations by Lord John Hutton in his Public Service Pensions Commission report. Why are workers striking over pensions? The issue is affordability - the government says it wants to make public sector pensions more affordable. Sackers head of the public sector unit Michaela Berry said: "It will mean a move away from the traditional final salary schemes to CARE...
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