A union chief has warned that over a million public sector workers could go on strike for a month, in a bid to protect their pensions.
A union chief has warned that over a million public sector workers could go on strike for a month, in a bid to protect their pensions.
Government ministers today moved to allay fears that thousands will drop out of the public sector pension scheme, because of plans to increase their contributions from next year.
Tens of thousands of public sector workers are expected to opt out of their gold plated pension schemes when the government bring in plans to increase contributions by three per cent from April next year.
A new report published this morning has revealed that half of Britons expect to be poorer than their parents in their retirement, because they have failed to save enough money.

Barratt Homes has launched the UK’s first corporate ISA, which offers a stocks and shares investment with tax-advantaged growth in savings, but where the cash can be accessed at any time. As such, it may appeal to younger workers as a medium-term savings option with easy access to your cash.

The Government’s latest proposal is to set 68 as the age for taking the basic state pension. Each year deferred would add 1% to GDP, says Iain Duncan Smith Read More

Many expect their pensions income to fund global travel and a comfortable lifestyle, but in reality their pensions income could be just £40 a week, says Aviva.
The government may be planning increases in the Basic State Pension that could endanger plans for the NEST national initiative to provide all workers with company pension schemes. Read More
Parents are urging their children to focus on saving rather than property as the mainstay of their pension planning. Aviva has revealed that 76% of parents advise their children that to rely solely on property is ‘too risky’.
















