pension reform

Trade unionists have released a cover of the Bryan Ferry classic "Let's Stick Together" in a bid to gather support for strikes against public sector pension cuts.

The National Association of Schoolmasters and Union of Women Teachers (NASWUT) has voted in favour of industrial action over proposed pension cuts.

Local government secretary Eric Pickles has vowed to ban the practice of public sector staff retiring with large pension pots then returning to work on new deals.

Around half of members of the local government pension scheme (LGPS) will opt out if the government pushes through pension reform, according to the GMB union.

A clause introduced in the late stages of the Pensions Bill could force scheme pensions to adhere to higher payout indexation, an expert has warned.

Trades unions have rejected a government suggestion to hold a 15-minute symbolic strike instead of a day of industrial action over cuts to public sector pensions.

Pensions minister Steve Webb has hinted at the potential development of a national transfer system to help consolidate small pension pots.

The news from Scottish Widows that 50% of women are now saving properly in pensions is welcome, but retirement equality is still a long way off.

The Maxwell pension scandal could be repeated despite the raft of legislation introduced to protect members over the last 20 years, experts have warned.

The government will allow the Local Government Pension Scheme (LGPS) to ditch Lord Hutton's proposals for a career average scheme and keep the final salary arrangements, a source close to government said.