Hike in number of public sector workers seeking pension advice
Days after teachers’ unions voted for strike action in protest against cuts to public sector pensions, the deVere Group has confirmed a significant hike in the number of public sec
Nigel Green, Chief Executive, says:
“There’s a growing realisation amongst public sector workers that the Government may no longer be in a position to be able to look after them in retirement as it has in the past – and therefore they will need to take greater responsibility for their ‘golden years’ themselves.
“Since the Budget we have seen overall enquiries from public sector workers increase by 35 per cent. We fully expect this trend to continue as their concerns are ramped-up and brought to the fore during the proposed industrial action by teachers.
“Those in the public sector are prepared to take to the streets to protest against what they believe is an ‘assault’ on their pensions, but an increasing number of them are simultaneously making enquiries to protect and maximise their retirement funds as they suspect that their protests could, ultimately, fall on deaf ears.”
“There’s a growing realisation amongst public sector workers that the Government may no longer be in a position to be able to look after them in retirement as it has in the past – and therefore they will need to take greater responsibility for their ‘golden years’ themselves.
“Since the Budget we have seen overall enquiries from public sector workers increase by 35 per cent. We fully expect this trend to continue as their concerns are ramped-up and brought to the fore during the proposed industrial action by teachers.
“Those in the public sector are prepared to take to the streets to protest against what they believe is an ‘assault’ on their pensions, but an increasing number of them are simultaneously making enquiries to protect and maximise their retirement funds as they suspect that their protests could, ultimately, fall on deaf ears.”
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