Summary
Hopefully, the House of Lords will do the right thing this week and vote through important amendments to Clause 18 of the Pensions Bill. These changes relate to the fair treatment of about 125,000 people who have seen the pensions they saved for all their working lives disappear.
The financial assistance offered to these victims, who lost their works pensions before crucial protection was introduced in 2005, is an affront to decency. Their plight has been compounded by mean- spirited legislation on compensation and a web of bureaucracy that has made the Financial Assistance Scheme the organisation through which payments are made a laughing stock.See the full content of this document
Extract
Premier Brown: Make Pensions Justice a Priority
The FAS has so far paid out a miserly Pounds 4 million to victims, but in the process it has spent about Pounds 10 million of taxpayers' money on administration.
It is yet another example of this Go...See the full content of this document
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