UK - Unions want to increase representation among financial workers to help them in a growing number of pension disputes.
Union membership among City workers is around 15% – half the national average.
London mayor Ken Livingstone and TUC general secretary John Monks joined officials from bank union Unifi and general workers’ union Amicus in a leafleting campaign in the City to raise awareness.
The need for union help has been highlighted by pension disputes at accountants Ernst & Young and KPMG.
*Unifi is negotiating to win pension rights for around 60 employees of the London office of the Pakistani Habib Bank.
PwC, KPMG, EY and Deloitte must break up their consultancy and audit businesses into distinct firms to provide greater focus on the "most challenging and objective audits", the competition watchdog has said.
The Department for Work and Pensions (DWP) has released its first batch of guidance setting out how the guaranteed minimum pension (GMP) conversion legislation may be used to resolve unequal payments.
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