Hutton: My public sector pension cuts are not deep enough

clock

The government's proposed cuts to public sector pensions will not go far enough to plug the schemes' funding gaps, Labour peer Lord Hutton warns.

Hutton, who recommended the government's current reform plan just nine months ago in March this year, said the worsening state of the economy will make further cuts necessary. "The assumptions w...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Legislation

Isio launches support service for NHS McCloud employees

Isio launches support service for NHS McCloud employees

Service will address NHS employer pensions tax rollback, with members able to easily claim refunds

Jasmine Urquhart
clock 07 November 2024 • 1 min read
UPDATED: Industry reacts to 'surprise' Pension Schemes Bill in King's Speech

UPDATED: Industry reacts to 'surprise' Pension Schemes Bill in King's Speech

Pensions Bill, decumulation solutions, superfunds and National Wealth Fund Bill welcomed by industry

Martin Richmond
clock 17 July 2024 • 10 min read
PLSA calls for Pensions Bill ahead of King's Speech

PLSA calls for Pensions Bill ahead of King's Speech

Organisation calls for AE implementation timeline and secondary legislation for lowering qualifying age

Jasmine Urquhart
clock 16 July 2024 • 1 min read
Trustpilot