pensions

Members of the Public and Commercial Services Union (PCS) working for the NHS Pensions Agency (NHSPA) in Fleetwood have voted overwhelmingly for industrial action over the effects of plans to privatise the agency.

Two FTSE 100 companies have followed the example of Rentokil in closing their final salary pension schemes, with another likely to follow.

Trades unions will need to "step up" their defence of pension schemes in the coming year, the TUC leader has said.

A judge has imposed a $1m (£570,000) per day fine on New York's main transport union for a strike that has brought city transport to a standstill.

British Gas engineers are out on the first of five strikes to protest against the closure of the companies final salary pension scheme to new entrants.

Over the last week, more divisive mis-representations from the government have appeared regarding public sector pensions.

In the first deal of its kind, a major pension scheme has been spun off from its parent company to make the business more attractive to investors.

The preliminary findings of the Turner report - a commission on pensions expected to be highly influential on future government policy - have recieved a mixed reaction after they were leaked ahead of their official release.

The government has claimed a victory in the pensions crisis after they secured their target for total pensions savings up to 2055.

Companies could be liable for a pension bill of £1trillion, leading to costs well over the government's original estimates of £300million a year in contributions to keep its 'pensions lifeboat' afloat.