UK’s top pension funds questioned over green duties

The Chair of the cross-party Environmental Audit Committee (EAC) has written to the UK’s top 25 pension funds to ask how they manage the risks posed to pension savings by climate change. Mary Creagh MP launched the line of questioning after the Department for Work and Pensions admitted there is widespread misunderstanding amongst pension trustees […]

Nuclear petition attracts 10,500 supporters

More than 10,500 people have so far signed a petition calling on the government to honour pension protections for those working in the nuclear decommissioning sector. It was started by Prospect union in response to the start of a consultation this week on reforming two final salary pension schemes for nuclear decommissioning workers. The proposals […]

Nuclear workers to vote on strike action

Nuclear trade unions are to ballot for strike action in response to proposed pension cuts in the sector. The GMB, Prospect, Unite and ASLEF/TSSA unions met in London yesterday and organised the ballot in response to more than £660 million of pension cuts for 16,000 workers across 19 sites. The workers, who are primarily involved in decommissioning work, will vote in […]

Looming strike threat recedes

The impending threat of a fuel strike was lessened yesterday when the union and the oil firms agreed to meet for ‘conciliation’ talks. The union Unite is behind strike threats from fuel tanker drivers over alleged pension and pay cuts. The news comes as strike mediator Acas was brought in by the Government to smooth […]