EUROPE - The Greek presidency of the European Commission has vowed to revisit pensions proposals for EU staff.
The development follows a walkout of EU staff on April 11 over proposals made by eight member-states that sought to increase the pension age to 63 and reduce the percentage of pension acquisition rights.
An EU spokesman said staff were aware that the Greek presidency wanted to close the pensions issue before the end of its tenure.
The presidency will present a compromise on its proposal for pensions at the General Affairs Council on May 19.
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Aegon has called for the government to double the tax exemption on employer-arranged pension advice, up from £500 to £1,000.
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