Financial services workers protest for pension protection

Unite is demanding changes to the structure of the financial services sector and launched its campaign, to better protection pensions, jobs, to end short-term remuneration policies and to promote an overhaul of the regulatory structures in the industry, today.

Unite said it would fight for jobs to be protected as part of the government’s bailout of the financial services sector.

Protestors were set to wear t-shirts today, stating "stop bankers’ greed" to encourage the government and companies into implementing Unite’s campaign.

The social contracts campaign states that Unite needs to be recognised as a key stakeholder in the future of the financial services industry, that the government needs to ensure the employment security of employees in the finance sector and better protection and improvements to the terms and conditions of employees needs to be introduced – especially in relation to pension arrangements.