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

Tyndall Partnerships head Sullivan on bespoke empowerment

Tyndall Partnerships head Sullivan on bespoke empowerment

‘No two IFAs invest in the same suite of models’

Isabel Baxter
clock 09 December 2024 • 4 min read
Smoothed funds set to be a 'bigger asset class for the advice market'

Smoothed funds set to be a 'bigger asset class for the advice market'

‘An attractive low-risk solution for retirees’

Isabel Baxter
clock 25 November 2024 • 3 min read
Advisers no longer see inflation as a major concern

Advisers no longer see inflation as a major concern

Funds offering a level of inflation protection were the last research, Square Mile finds

Isabel Baxter
clock 22 October 2024 • 4 min read