Anger over T-Mobile pension plan

Mobile phone giant T-Mobile is facing the wrath of trade unions after admitting it may scrap some of its final salary pension schemes.

It is thought the group, formerly called One2One, is moving some of its workforce to another part of the company, but without the assurance of the pension scheme.

Although T-Mobile, based in Borehamwood, Hertfordshire, claims the decision is still in its early stages and would only affect around 100 employees, the unions are furious.

They believe it could lead to a 40 per cent drop in the retirement income of employees. Roger Lyons, General Secretary of Amicus, said: "If the board of T-Mobile believes that the cancellation of the final salary scheme is essential for the survival of the company then they should start by scrapping their own top hat scheme."

But Neil Lovell, of T-Mobile, said it was "incorrect" to suggest thousands of employees would see their final salary pension schemes removed.