Poor pension provision for transport and logistics workers

September 2005
Logistics & Transport Focus;Sep2005, Vol. 7 Issue 7, p8
Trade Publication
This article presents the findings of a survey conducted by AXA on pension provision for transport, distribution and communications employees in Great Britain. The survey found that more than one in three staff or 37% in the sector claim they do not get offered a company pension scheme, putting the sector amongst the worse in the region. In contrast, 78% of workers in the banking, finance and insurance sectors and 73% of the region's manufacturing staff claim their employer does provide a company pension. Public sector workers still lead the way, with 83% responded that they get a pension scheme provided as part of their employment package. Employees in the sector who get a company pension scheme also lose out by having to wait to join, with just 37% responded they can join as soon as they start the job.


Related Articles

  • Pension changes ‘could harm staff retention’. Conrad, Mark // Public Finance;6/17/2005, p9 

    Reports on the survey in Great Britain which found that the public sector could face a brain drain of finance experts if the government goes ahead with controversial plans to reform occupational pension schemes.

  • Modeling the Volatility in China's Railway Freight Volume Based on Conditional Volatility Model. Jing Dai; Sriboonchitta, Songsak; Ting Li // International Journal of Intelligent Technologies & Applied Stat;2012, Vol. 5 Issue 2, p157 

    China's railway is an important component of logistics transportation to promote the rapid development of modern logistics. It also facilitates the growth of economy. How to improve the efficiency of railway freight is becoming a crucial issue for the development of modern logistics. This paper...

  • Cost conundrum. Cicutti, Nic // Money Marketing;7/6/2006, p31 

    The article reflects on the result of the survey regarding the activities of the Financial Services Authority (FSA) in Great Britain. It was found out that the retail investment and pensions advise sector had the highest incremental regulatory costs. With this result, John Tiner, FSA chief...

  • Pension reform remains too little, too late. DiBiasio, Jame // Asian Investor;Jul/Aug2009, p14 

    The article shares the author's insights on pension reform in Asia. According to the author, pension system has taken the lead in various countries when it comes to diversifying national savings goal. He reveals that pension reform does not serve to please the white-collar executives, domestic...

  • PSP Investments, GIC and Ontario Teachers' Pension Plan agree to invest $700 million in XPO Logistics.  // American Journal of Transportation;10/6/2014, Issue 589, p14 

    The article focuses on the definitive agreement signed by Singapore sovereign wealth fund GIC, PSP Investments and the Ontario Teachers' Pension Plan to invest in XPO Logistics for accelerating the growth strategy of the firm with 22% of XPO common stock to be held by investors.

  • California's Public Sector Pension Plans in Perspective. Kilgour, John G. // Benefits Magazine;Oct2011, Vol. 48 Issue 10, p50 

    The article offers an outlook for public sector pension plans in California as of 2011.

  • The Nigerian public pension scheme: The need for reform. Uche, Chibuike U.; Uche, Ogbonnaya C. // Journal of Pensions Management (1462222X);Apr2003, Vol. 8 Issue 3, p235 

    This paper analyses the Nigerian public pension problems from their origins. It argues that the current public pension scheme in Nigeria is unsustainable. This is so because the sheer size of public sector bureaucracy in Nigeria makes it difficult for the government to meet the basic salary...

  • The real deal. McPhall, Tom // Money Marketing;7/7/2011, p44 

    In this article the author shares his modest sympathy for public sectors rallying in Bristol, England concerning pension benefit structures.

  • plan ahead.  // Plans & Trusts;Jan/Feb2013, Vol. 31 Issue 1, p26 

    A calendar of events for Canada and the U.S. in April-November 2013 is presented which includes a Canadian Public Sector Pensions and Benefits Conference on May 7-8, Foundations of Trust Management Standards (FTMS) on April 11-13, and Certificate in Global Benefits Management on June 3-7.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics