TUC

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.

The UK has the lowest gross replacement rate in the Organisation for Economic Co-operation and Development for state pensions, the TUC says.

Pensions minister Steve Webb has defended the CPI pension indexation switch after the Trades Union Congress accused him of breaching members' accrued rights.

The government would be "ill advised" to alter the discount rate to calculate the amount public sector employees pay into unfunded pension schemes, the Trades Union Congress says.