Workers at Unilever, which manufactures products such as Marmite and Persil, have voted in favour of strike action over changes to their pensions.
Unilever intends to close the company's final salary scheme and move all 5,000 members across to a career-average arrangement, the Telegraph reports. However, 85% of Unite members and 75% of GMB members working for Unilever voted for industrial action against the move. If the strike goes ahead, it will be the first time a FTSE 100 company's staff has walked out over pensions, and the biggest strike Unilever has ever faced down. The company closed its final salary pension to new members in 2009, putting Unilever's remaining 2,000 workers in a less generous scheme. It claimed it m...
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