UK/EUROPE - Agency workers are unlikely to win equal pensions rights in the UK, believes Pinsent Curtis Biddle.
The law firm’s comments follow the European Parliament’s approval of a draft directive for agency (temporary) workers rights.
Associate Nicola Bumpus said that the European directive which covered fixed-term workers gave employers the option of avoiding the provision of occupational pensions to fixed-term workers and that this option was likely to be used for temporary workers too.
Railways Pension Trustee Company chief executive Phil Willcock has quit the scheme after only 10 months to take up a position as head of AIG UK Life.
The Financial Conduct Authority (FCA) has launched a consultation on how to enable defined contribution (DC) savers to invest in patient capital via unit-linked funds.
The Pension Protection Fund has published its final levy rules for 2019/20 following a consultation launched in September.
The Competition and Markets Authority's (CMA) final report on the investment consultant market has been celebrated as having "real teeth" to produce better outcomes for members.