As public sector workers go on strike today, Mark Poulson, director of the Lang Cat, cuts out the political rhetoric and strips down the public sector pensions issue to cold hard numbers.
"I was having a drink with a friend who is a healthcare professional in the NHS. We were talking about the 30 November industrial action. She is not going out on strike, as she has quite a lot of elderly patients who need her and she does not want to let them down. She is upset by the pension changes, though, and feels that her efforts are not valued. But she also feels that the strikes have come too early in the process, and the unions have gone for the money shot a bit too soon. We got talking about the difference between private and public sector pensions and when I took her ...
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