A statement from John Hamilton , Pension Scheme Chair at Stagecoach. A statement to a wider audience than the “pensions industry”
This is the text of the document that John is socialising.
Beyond the pension industry
There has been a call from Bryn Davies (Lord Davies of Brixton) on this blog for greater detail of what improvements the members will get.
I hope that the unions will delight in the details starting with this statement from the Stagecoach Trustees. I hope they will see an opportunity to press for further deals that benefit working people.
I hope that “members” will in time include staff looking forward to pensions from DC and CDC and that those pensions will be improved by the actions of Trustees adopting a positive position on the growth of pensions we have seen here.
No growth <—> No pensions
I take this formula from a recent comment by John Hamilton
In a week when the Pensions Regulator has issued a statement on the need for investment, the formula sounds a cry for change.
This message must get beyond the pension industry and I hope that the unions , lead by Lord Davies and others like John Hamilton , will bring pressure to bear, to keep the message ringing around Whitehall and well beyond!
