All Transport for London articles
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NewsTfL sets out ‘significantly less generous’ pension reform options
Transport for London has published two concepts for the future design of its pension arrangements, while also asking that the government either reclassify past service assets and liabilities under a public sector arrangement or provide a Crown guarantee.
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NewsStrikes ‘likely’ over TfL pension changes as funding deal reached
Changes to the TfL Pension Fund will be required as part of a financial support package agreed between the government, Transport for London and the mayor of London, with a plan to be presented in September. But unions have rejected the deal, and warned that more strikes are “likely”.
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NewsLondon Underground strike over pensions set for August 19
On the go: The National Union of Rail, Maritime and Transport Workers has confirmed that its London Underground members will carry out a 24-hour strike on August 19 over a pensions dispute.
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NewsTfL workers plan strike in August over pensions
On the go: Tube workers will strike once more on August 19 over pay and pensions, this time in response to an alleged refusal by Transport for London to share details of a government funding proposal for London transport.
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NewsTfL staff to strike again over pensions
On the go: London Underground staff members of the National Union of Rail, Maritime and Transport Workers will walk out once more as part of their pensions dispute on June 21, to coincide with the biggest set of transport strikes in decades.
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NewsTransport workers consider new strike over TfL pension review
On the go: Ballot papers have been sent out to Transport for London and London Underground staff in the Unite union over strike action, in response to a government review of the TfL pension scheme that threatens to cut benefits.
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NewsUnions threaten strikes as TfL scheme review models pension cuts
At least two of the country’s biggest transport unions threatened industrial action after an independent review of the Transport for London Pension Scheme set out a suite of possible pension reforms that would cut benefits.
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NewsSchemes retaliate over Russia’s invasion of Ukraine
Some of the UK’s most prominent pension schemes are dialling down their exposure to Russian assets in response to its attack on Ukraine.
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NewsTfL, Avon Pension Fund and Phoenix Group commit to net zero
ESG spotlight: A roundup of the latest news on environmental, social and governance initiatives, with the Transport for London Pension Fund committing to net-zero carbon emissions by 2045, Avon Pension Fund shifting £780m into a Paris-aligned benchmark, and Phoenix Group setting a carbon emission-reduction target of 50 per cent by 2030.
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NewsTfL to review pension scheme as part of new funding package
On the go: Transport for London will be conducting a review of its £10.6bn defined benefit scheme as part of a new government package.
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NewsTfL adds online self-service in admin refresh
The Transport for London pension fund is introducing a new administration system that will give members a self-service option, something experts say can help reduce costs in the long term.
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FeaturesTfL considers a closer look at carbon exposure
The Transport for London Pension Fund plans to look into ways of analysing its carbon exposure following a member request, as experts stress that schemes need to understand exactly what they are measuring and what further steps they can take.
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NewsTfL tunnels further into alternative credit
Transport for London pension scheme has moved further into alternative credit investments including mezzanine debt, as it seeks to diversify its fixed income portfolio.
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FeaturesTfL faces fresh demands for contract worker DB membership
Transport union RMT has reignited calls for all Transport for London employees undertaking work on a contract basis to be allowed to join its defined benefit pension fund.