UK/FRANCE - Trade unions are taking a pension row at UK chemical firm Rhodia to its parent company in France.
Talks with UK managers at the company’s plants in Widnes and Oldbury broke down last month leading to a series of 24-hour walkouts by Amicus and GMB union members.
Now the International Federation of Chemical, Energy, Mine and General Workers’ Union is calling for corporate executives in France to step in.
The strike is over the firm’s plan to close its defined benefit scheme to new employees who will be offered a money purchase option instead.
The 625 union members at the two plants voted in early July to take industrial action with more walk-outs planned for September 5 and 19.
ICEM general secretary Fred Higgs has written to Rhodia chairman and chief executive Jean-Pierre Tirouflet in a bid to settle the dispute amicably.
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.