TUC

The Trades Union Congress has branded government plans to bring forward increases to the state pension age unfair due to the widening gap in life expectancy between rich and poor.

Top bosses at FTSE100 firms have average pension pots worth nearly £4m each, with the top director this year amassing a £21.5m pot, according to a trade union study.

Extending talks on public sector pension reforms will not stave off strike action if the government continues its current pathway to reform state worker pensions, the Trades Union Congress says.

Unions have claimed today's Office for Budget Responsibility report unfairly presents public sector pension liabilities.

More than 70% of pension professionals believe public sector workers were wrong to strike over proposed changes to their pensions, according to a PP poll.

Low-earners are heading for poverty in retirement as official statistics reveal a significant drop in occupational scheme membership levels for men and women.

Government is set to lay out its detailed response to Lord Hutton's reform proposals later today, with contribution hikes set to be limited to workers earning more than £15,000.

The Hutton Report has been welcomed by the industry, which claims it could increase pensions for the low paid, but left unions warning of industrial action.

An EU-wide plan to improve the sustainability and equality of pension schemes has been given the green light.

A large part of the industry has slammed the government's announcement preventing private sector schemes the power to override scheme rules enabling a shift from RPI to CPI indexation.