TUC: Flat-rate pension will leave millions worse off

clock

Most of the 20 million workers paying into the State Second Pension (S2P) will be worse off under the single tier pension, says the Trades Union Congress (TUC).

Research published by the TUC today found that anyone with a long working history will lose out, with high earners seeing the biggest fall in income. The organisation's modelling found that peop...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

TPR updates guidance to help those making third-party applications

TPR updates guidance to help those making third-party applications

Application process improved for use of certain pension powers

Jonathan Stapleton
clock 07 May 2025 • 1 min read
Government urged to compel 25% UK investment as 'quid pro quo' for tax relief

Government urged to compel 25% UK investment as 'quid pro quo' for tax relief

Baroness Altmann says bold reform will be a radical game-changer for UK growth

Jonathan Stapleton
clock 06 May 2025 • 2 min read
Pensions minister rules out retrospective change after HoC debate on clawback

Pensions minister rules out retrospective change after HoC debate on clawback

MPs say pension integration ‘is a relic from the past and needs to be abolished’

Jonathan Stapleton
clock 24 April 2025 • 5 min read
Trustpilot