The Conservative chairman of the Local Government Association has attacked coalition plans to hike council worker pension contributions warning the move would lead to mass opt-outs.
Tory peer Baroness Eaton wrote to Chancellor George Osborne warning him plans to raise an extra £900m of income by 2014/15 by raising contributions by 3 percentage points will lead to a massive opt...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date