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.
This week's top stories include ITS' management buyout from Mercer, and The Pensions Regulator launching a probe into single-employer defined contribution schemes' default funds.
People retiring in the UK will on average outlive their pension savings by 10 years, according to research by the World Economic Forum (WEF).
Steps to improve auto-enrolment are uncontroversial and obvious, but the government is dawdling on introducing the necessary changes, argues Jack Jones.
Professional trustees will be expected to apply for accreditation as part of a framework intended to be launched on 1 July by the Professional Trustee Standards Working Group (PTSWG).