From the TUC

Pensions & Investment (page 33)

Why the ‘live fast, die young’ private sector should be more like the public sector

16 May 2009, by in Economics, Pensions & Investment, Public services, Society & Welfare

The Financial Times reports a study by PricewaterhouseCoopers that suggests male middle managers spending their working lives in the civil service will take home more money over their life times than similar middle managers in the financial services sector.  The conclusion that public sector workers’ wages and pensions should be cut because they are cossetted and too…




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Where were the shareholders in the financial crisis?

28 Apr 2009, by in Economics, Pensions & Investment

In a useful and timely contribution to the financial crisis debate, PIRC – the Pensions Investment Research Consultants – has published a manifesto outlining its recommendations for reform of corporate governance and capital markets. PIRC recognises that alongside a catastrophic failure of financial regulation, the financial crisis represents a failure of corporate governance, and its…




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Are investors finally getting tough on executive pay?

29 Jan 2009, by in Economics, Pensions & Investment

Interesting to see international insurers and fund managers Aviva (they of the new name….) talking tough about executive pay, warning that there must be a moratorium on directors’pay rises, and criticising directors for paying ‘little more than lip service’ to employee pay and conditions.  They also raise the spectre of excessive executive pensions, urging companies…




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The CBI on public sector pensions

15 Dec 2008, by in Pensions & Investment

The CBI have joined the fray on public sector pensions. Of course they are more subtle than the Taxpayers’ Alliance and right-wing tabloids in their arguments, but they will still be seized on by all those aiming to stir up pensions envy from private sector staff understandably angry about not having a pension. And I thought it…




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Public sector pensions again

09 Dec 2008, by in Pensions & Investment, Public services

(edited December 10th as the first draft read as if written in too much of a hurry – that’s because it was)   Mary Dejevsky has a piece in today’s Independent on public sector pensions. It’s much more thoughtful than the usual media attacks on public sector pensions as while she uses the language of pensions apartheid she concludes by attacking…




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