Unions have urged steel workers to accept Tata Steel UK's proposals to close the British Steel Pension Scheme (BSPS) and replace it with a defined contribution (DC) plan.
A joint statement issued by Unite, GMB and Community on 26 January to members said they should vote for plans to overhaul the pension scheme which were set in a consultation last December. Tata...
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