Tuesday 15 April 2008

Telent pension scheme and the pensions regulator

The web site of the pensions regulator is showing details of an update about the Telent pension scheme. The safety of the scheme (and the safety of jobs if it is raided) has been a major concern in our sector.

The government has announced increased powers for the Pensions Regulator to issue "contribution notices", a measure mainly aimed at the increasing pensions buy-out market.

UNITE has issued a positive reaction to the move.

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