Our Governments' Neglect has Resulted in Pension Situation

Summary


Following last week's announcement by Pensions Minister John Hutton about pensions, it has been asked why taxpayers should subsidise a private company's pension when it goes bust.

Alun Michael MP said the Government had no obligation to help and had been very generous in widening the Financial Assistance Scheme to help some more of the ASW workers, even though it leaves 62 per cent of them with nothing

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Extract


Our Governments' Neglect has Resulted in Pension Situation

During the early 1980s the European Community foresaw...

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