The Trades Union Congress (TUC) set out its conference agenda on pensions yesterday saying it will call for an enhanced indexed state pension and for employers to be compelled to contribute 10% to either the state second pension, occupational or other schemes.
Launching its report on pensions provision in the UK on the eve of the Brighton conference, TUC general sectary, Brendan Barber says only radical solutions can work and that “ministers must start preparing the ground now for the big changes that are required.” “In particular they are going to have to take on the bulk of the employer lobby, and tell them that they cannot continue to walk away from their responsibility to contribute to pensions. Voluntarism – or even expensive incentives - will not work compulsion must be introduce,” he says. Barber also launched a scathing attack on th...
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