Will Coca-Cola staff turn to equity release after pension row?

June 8, 2010

British workers at Coca-Cola Enterprises are set to strike over a row about pensions and pay, according to trade unions.

The row could see a number of workers inspired to seek equity release advice to see how the value of their property could help to boost their retirement finances.

Trade unions Unite and GMB have said that industrial action could now take place at a number of UK sites operated by Coca-Cola Enterprises, which is a lead sponsor at the forthcoming World Cup football tournament.

Unite’s Jennie Formby commented: "Presumably, Coca-Cola Enterprises understands the World Cup it sponsors stands for fair play, but where is the fair play in sneakily attacking pay and pensions while freezing worker representatives out of discussions?"

Homeowners aged over 55 years can find out how their property can provide them with a tax-free cash lump sum by using the equity release calculator available from Key Retirement Solutions.

Posted by Claire Ford
 Will Coca Cola staff turn to equity release after pension row?

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