The dispute between universities and their staff may be closer to a resolution after the University of Oxford said it would seek to reverse its stance on pensions changes that unions say would cost retirees up to £10,000 a year. The about-turn means Oxford joins an increasing number of universities that have broken ranks with the position taken by Universities UK (UUK), which claims the staff pension scheme needs dramatic reform in order to continue. University staff pension dispute moves to Acas Read moreIn an email to staff on Wednesday, Oxford’s vice-chancellor Louise Richardson said the university’s council would heed the mood of staff at a meeting – known as a congregation – on Tuesday and reconsider its position. “The future of our pensions is a shared interest for so many members of this university that we must try to find common ground. Last week UUK and UCU agreed to talks at the conciliation service Acas, which are scheduled to continue on Wednesday.

Source: The Guardian March 07, 2018 11:12 UTC