UK - RMT members at logistics company Exel are to be balloted on the company's decision to close its final salary pension scheme to new entrants.
If the union’s 730 members at the firm vote to reject the plan, a ballot for industrial action will follow automatically.
RMT general secretary Bob Crow said: “This is a company that hasn’t paid contributions to the pension fund for years.
“Now they tell us it must be closed to new entrants because it does not have enough money.”
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Royal Bank of Scotland (RBS) faces a £102m impact on liabilities as a result of equalising guaranteed minimum pensions (GMPs), according to its annual results.
Malcolm Mclean says getting the channels of communication right and engaging more openly is a good starting point