UK - Employers should brace themselves for increased industrial action on pensions issues, law firm DLA warns.
In its 10th annual survey into industrial relations, DLA found that employers and unions expect action to increase during the next 12 months over pay and working conditions, including pensions.
DLA partner and industrial relations specialist Jeremy Emmott said: “The unions are certainly saying that pay is the number one issue – and pensions always falls under pay or conditions of employment.”
Emmott said the current strikes at steel giant Caparo were a good indication of the climate for the coming year.
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers