“Most drastic solution” criticised by Unite union at Aviva
Aviva staff union has reacted angrily to the proposal to close Aviva’s final salary pension scheme, with Unite Officer, Bernadette Fisher called for "meaningful talks" with the insurer, the Telegraph reports.
"As the UK's biggest pension provider, it is quite shocking that Aviva should be looking to plunge thousands of their own staff into pensions' insecurity at this difficult time.
"Aviva made profits of more than £1,1bn last year and have more than enough resources to maintain the framework of a final salary pension. Closure is the most drastic solution possible to address the size of the scheme's deficit."