Pensions - Articles - Government is attacking private sector pension rights


 Responding to the announcement today (Monday) that the final stages of auto-enrolment into pensions will be postponed for a year, TUC General Secretary Brendan Barber said:

 'Making staff in small businesses wait even longer before they get the right to an employer contribution to their pension is a grave disappointment.

 'It is further confirmation that this government sees small business staff as second class workplace citizens, not deserving of the same rights as staff in bigger firms. The need for a retirement income does not depend on the size of your employer.

 'This government attack on private sector pension rights should end any claim that ministers are interested in fairness across public and private sectors. Unions have always argued we need to level up private sector provision but the government is now cutting it back.'

Back to Index


Similar News to this Story

The growing gap between retirement expectations and reality
PensionBee has warned that millions of people in the UK are heading towards retirement incomes far below what is commonly understood to be adequate, i
Comments on Value for Money Framework proposals
Standard Life, Aviva, Hymans Robertson and Broadstone comment on the FCA's latest consultation on the Value for Money framework, announcing sever
Pension transfer petition nears deadline
Pension savers are being urged to act now as the clock ticks on a parliamentary petition designed to stop unnecessary delays when people seek to move

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.