prospect
BT blocked from third attempt to swap pensions index
BT will not be able to swap the index used to uprate part of its pension scheme after the Supreme Court denied permission to appeal, closing all legal avenues.
TUC delegates pass Prospect motion to tackle gender pension gap
Attendees at a Trades Union Congress (TUC) conference have endorsed a Prospect motion which called for action to tackle the gender pension gap.
Govt must justify planned changes to state pension age
The government will have to justify proposed changes to the state pension age (SPA) after a Prospect petition secured over 12,000 signatures.
BT managers approve pensions deal
BT members of the Prospect union have voted to approve a controversial pension restructure ahead of the defined benefit (DB) scheme's closure in April.
Union calls on David Gauke to delay state pension age increase
A "period of stability" for the state pension age is needed and so the government should postpone any increase decision, the union Prospect has said.
Nuclear workers accept 'best achievable' pension deal
Nuclear specialists and managers have voted in favour of reforms which will see their retirement fund based on career average earnings rather than final salary from next April.
Workers at AWE vote overwhelmingly for strike action over pensions
Workers at the Atomic Weapons Establishment (AWE) have voted overwhelmingly for strike action over the company’s plans to close its defined benefit (DB) scheme.
MPs to debate advice given to pensioners at UK Atomic Energy Agency
MPs are to debate the quality of advice given to pensioners that transferred into a defined benefit (DB) scheme set up after part of the UK's nuclear industry was privatised.
AWE workers to be balloted over 'insulting' DB closure plans
Prospect is set to ballot workers at Atomic Weapons Establishment (AWE) for strike action over the company's plans to close its defined benefit (DB) scheme.
Govt to make announcement on PPF cap increase 'shortly'
The pensions minister has confirmed the government hopes "to make an announcement shortly" on implementing changes to the Pension Protection Fund (PPF) compensation cap, after several delays.
PPF compensation cap changes face further delay
Expected changes to the PPF compensation cap to give increased benefits to those with more than 20 years’ service have been delayed. Helen Morrissey reports.
United Utility workers in strike vote over DB closure
GMB members at United Utilities in the North-West are being balloted over industrial action in response to plans to close the company's defined benefit (DB) pension scheme.
Babcock workers to vote on strike action over pension cap
Babcock workers are voting on whether to take industrial action against proposals to cap pension benefits.
Prospect accepts reform deal
Civil servant scheme members of Prospect have voted by four to one to accept the government's reform package for the Principal Civil Service Pension Scheme after a year of negotiations.
TPR holds firm on valuation guidance timing
The Pensions Regulator has ruled out releasing its forthcoming scheme valuation guidance before April despite union calls for action.
Union pressures TPR to address scheme valuations
Prospect has written to the government to demand action on scheme valuations after the Bank of England announced a third wave of quantitative easing.
'Inadequate consultation on inadequate proposals' - unions slam Webb's state pension reform plan
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".
CPI switch 'bigger raid on pensions' than Brown tax change
Switching pension uprating to Consumer Prices Index is the biggest "raid" on pensions since the change to scheme corporation tax arrangements in 1997, a trade union says.
