Three appeal court judges delivered a stunningly strong verdict against the UK Government. They dismissed the Government’s appeals against the Judicial Review High Court ruling and upheld the verdict that its behaviour in this case has been irrational and unlawful. They also found that the maladministration caused more than just financial losses, but also led to non-financial injustices which have not yet been recognised at all.
Article published in the House Magazine (Parliamentary Weekly) explaining some of the anguish involved and lessons learned in battling on behalf of the impoverished members of failed company pension schemes.
Ros sends best wishes to all those who have lost their pensions, wishing them at last a happy new year!
Ros writes to all victims on email group to explain what has happened, that the Government has finally offered to treat the FAS the same as the PPF and that this is a tremendous achievement – she congratulates all of them and thanks are due to so many supporters.
Wonderful news! Press Release welcoming the announcement from Peter Hain, Secretary of State at DWP, that the FAS will be extended to put it on a par with the Pension Protection Fund, following publication of the Young Review.
Ros’ comments on what would be required for a reasonable settlement of the problems of the FAS to stop the issue dragging on any longer.
Ros highlights rumours that Numbers 10 and 11 Downing Street are refusing to allow the DWP Ministers to offer a proper extension of the Financial Assistance Scheme before Christmas, despite previous commitments. There seems to be a row in Government over this issue.
Announcement from Pensions Action Group of all-night vigil on 20-21 November outside Downing Street, calling for the Prime Minister and Chancellor to recognise how desperate their plight is and meet them to try to justify the Government’s refusal to pay proper compensation – especially after the 100% rescue of Northern Rock depositors.
Release explaining that – despite the winter weather – desperate pension victims will spend all night on the pavement in Whitehall outside Downing Street and deliver a letter begging for justice.
Article written for Money Marketing explaining how the Government’s refusal to offer fair compensation to victims of pension scheme wind-ups is impossible to sustain after its decision to bail out Northern Rock savers 100% at a cost of billions of pounds of taxpayers’ money.