Unions suspend pension deal after Pickles' blunder

clock

Three trade unions representing public sector workers have withdrawn from an agreement with the government over pension reform.

Just hours after preliminary agreements on pensions were secured, Unite, Unison and the GMB have pulled out of a deal. Unions allege local government secretary Eric Pickles attempted to add extra caveats to the deal after it was agreed. Pickles' suggestion to add a cap on employer contributions to local government pensions, put forward in a letter to the Treasury, has since been withdrawn, but unions have yet to come back to the table. In a joint statement, the unions said: "In light of this confusion, we suspend our agreement, and are now seeking an urgent meeting with the governm...

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 Employee Benefits

Taylor Wimpey adopts SimplyBiz's Zest employee benefits platform

Three-year contract

Julian Marr
clock 28 January 2019 • 1 min read

Employers proactive as workplace mental health issues rocket

Aon Employee Benefits research

Adam Saville
clock 01 February 2018 • 2 min read

85% more likely to work for employers with clearly labelled benefits

Canada Life research

Victoria McKeever
clock 15 December 2017 • 3 min read