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

Gender income gap narrows but still around GBP730 per year
focuses on the narrowing of the income gap between male and female pensioners, which has fallen from over £1,450 per year to around £730 per year (aft
Pension participation booms but self employed left behind
Pension scheme participation among working-age people has increased from 37% in 2013-14, to 55% in 2023-24. Among employees it has grown from 53% to 7
10 years of Pension Freedoms a Lamborghini or a safety net
1 in 12 (8%) over-55s cashed in one or more of their pensions. Only 4 in 10 looked at the tax implications of taking out a taxable lump sum. 4 in 10 o

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.