Tube strikes threatened after TfL agrees review of 'generous' pension scheme

James Phillips
clock • 3 min read
Tube strikes threatened after TfL agrees review of 'generous' pension scheme

Transport for London (TfL) will carry out a review of its pension scheme and reform options with an “explicit aim” of moving the fund into a “financially sustainable position”.

As part of a £1bn funding deal agreed between the Department for Transport and TfL, announced today (1 June), Mayor of London Sadiq Khan has agreed to review what the government described as "TfL's generous...

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 US

WSB Awards 2021 - Winners' Supplement

WSB Awards 2021 - Winners' Supplement

Find out how some of the winners of the Workplace Savings & Benefits Awards 2021 won their accolades in our special supplement celebrating their successes.

Jonathan Stapleton
clock 05 December 2021 • 1 min read
The WSB Awards 2021 were presented at a dinner on 6 October. Photo: Naomi Gabrielle

WSB Awards 2021 — The Winners

The awards aim to recognise the employers which have the best benefits teams

Jonathan Stapleton
clock 07 October 2021 • 2 min read
WSB Awards 2021: The shortlists

The WSB Awards recognise both employer and provider excellence

Here they are. The finalist lists for the WSB Awards 2021.

Professional Pensions
clock 13 August 2021 • 2 min read
Trustpilot