'Inadequate consultation on inadequate proposals' - unions slam Webb's state pension reform plan

clock

Unions have rejected proposals put forward by pensions minister Steve Webb to reform the basic state pension, saying its cost neutrality "condemns it to failure".

Two unions, Unite and Prospect - representing more than 1.6 million workers in total - have rejected both options put forward by the government in their submissions to the Department for Work and P...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Clara Pensions appoints Broadstone as TPA

Clara Pensions appoints Broadstone as TPA

Follows Clara’s superfund deal with Debenhams scheme for which Broadstone administers

Holly Roach
clock 25 April 2024 • 1 min read
Industry reacts to TPR's 'scaled back' annual funding statement

Industry reacts to TPR's 'scaled back' annual funding statement

Statement highlights ‘radical transformation’ of scheme funding positions

Jasmine Urquhart
clock 24 April 2024 • 5 min read
Professional trustee firms see fourth consecutive year of double-digit revenue growth

Professional trustee firms see fourth consecutive year of double-digit revenue growth

Isio report shows 46% of all new trustee appointments were sole trustees

Holly Roach
clock 24 April 2024 • 2 min read
Trustpilot