Categories: Pensions - Retail
Topics: France| basic state pension| retirement age
Nicolas Sarkozy says there is “no question” of anyone “distorting” his pension reforms after more than a million people took to the streets in protest.
Sarkozy's plans to raise the minimum retirement age from 60 to 62 by 2018 sparked widespread consternation and industrial action across France on Tuesday.
Government agencies reported 1.12 million people held anti-reform protests, while unions claimed double that figure took to the streets. Unions yesterday called for another wave of strikes on 23 September.
But in a statement, Sarkozy said he was "attentive to the concerns that have been expressed," but that he would not back down.
The president offered some slight changes to his policy, such as allowing those who started work younger than 18 or worked in physically demanding jobs to retire earlier."
| Share | |
| Comment | Sarkozy refuses to back down after pension protests |
More pensions - retail news
Email alerts
Recommended reading
Categories
Topics
Comments
Related articles
Most Read
This year we have 14 awards designed to mark out the very best products in a highly competitive and innovative market. This includes three new awards for 2011 to reflect the developments in this rapidly growing market: Best Dual/Multi-Index Product, Best Structured (Oeic) Fund and Best Structured Product Provider.
Events
Poll
|
|
Job search
Ifaonlinejobs will open the right investment career path for you. Search hundreds of vacancies on www.ifaonlinejobs.co.uk now
In Focus
We all want certainty – and when it comes to auto-enrolment, advisers and their corporate...
Viewpoints
Clients now have a growing need for choice, flexibility and transparency when it comes to...
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment