Unite the Union

Unite the Union

November 16, 2007 07:53 ET

Unite ramps up campaign to safeguard jobs and pensions in Telent following Pension Corporation takeover

LONDON, UNITED KINGDOM--(Marketwire - Nov. 16, 2007) - Unite the Union representing the UK workforce of Telent, the surviving services entity of the former Marconi company, is today seeking firm action from pension regulatory authorities to safeguard jobs and pensions, following the announcement that the Pension Corporation had acquired the company last night.

Peter Skyte, Unite National Officer, said:
"With the Pension Corporation succeeding in its bid for Telent, jobs and pensions need to be safeguarded now more than ever.

This will be a crucial test of the pension protection regime, the Pensions Regulator and the independent trustees to ensure that the hard earned pensions of current and former employees are protected in retirement and not plundered.

We will be meeting the Pension Corporation as soon as possible to press for clear statements on their long term plans for the future of the Telent business. We expect firm assurances regarding the funding and management of the pension scheme assets, job security and terms and conditions of employment for the Telent workforce."

Telent has 2000 UK employees including a large field force and major sites at Chorley, Coventry and London.

Contact Information

  • Ciaran Naidoo
    07768 931 315