Government funding allows retail union to spread word on pensions

Retail union Usdaw has won government funding to run a pension awareness campaign among its members.

Usdaw has secured funding from the Pension Education Fund to run a nationwide campaign designed to give union members the knowledge to decide what the best options are as they look to their retirement.

The campaign will include a pensions website, seminars for union members and a range of home study courses to teach shopworkers about the key issues.

“We’re delighted to win funding from this innovative scheme the government has created to reach those workers unsure of their pension rights,” said Usdaw general secretary John Hannett.

“Our members tell us that they find the world of pensions very daunting so this money will help us demystify how pensions work and make sure many more retail staff make the right decisions for their retirement.”

Usdaw already has a number of trustees on the boards of pension funds and the union is confident this education drive will boost the number of board members.

“One of the key insurance policies our members will have as some pension funds drift into crisis is an independent union trustee to keep an eye on the fund’s performance,” said Hannett.

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