Gender pension gap more than twice the level of the gender pay gap
While AE has been a success, women are still likely to be locked out of saving due to AE rules
MPs warn cost issues will take ‘generations to resolve’ as civil servants and emergency workers opt out of DB schemes
BT will not be able to swap the index used to uprate part of its pension scheme after the Supreme Court denied permission to appeal, closing all legal avenues.
Attendees at a Trades Union Congress (TUC) conference have endorsed a Prospect motion which called for action to tackle the gender pension gap.
The government will have to justify proposed changes to the state pension age (SPA) after a Prospect petition secured over 12,000 signatures.
BT members of the Prospect union have voted to approve a controversial pension restructure ahead of the defined benefit (DB) scheme's closure in April.
A "period of stability" for the state pension age is needed and so the government should postpone any increase decision, the union Prospect has said.
Nuclear specialists and managers have voted in favour of reforms which will see their retirement fund based on career average earnings rather than final salary from next April.
Workers at the Atomic Weapons Establishment (AWE) have voted overwhelmingly for strike action over the company’s plans to close its defined benefit (DB) scheme.