Explanation of FAS shortcomings
Briefing note to explain the inadequacies of the Financial Assistance Scheme and what needs to be done to deliver a proper solution.
Briefing note to explain the inadequacies of the Financial Assistance Scheme and what needs to be done to deliver a proper solution.
Letter delivered to both the Chancellor and the Prime Minister on 5th November, along with a petition and letters from grandchildren of victims who have lost their pensions, asking them to immediately organise a proper rescue scheme to restore these pensions.
Ros’ presentation in House of Commons to All Party Parliamentary Pensions Group explaining background to the pension losses of wind-up victims, why Parliamentary Ombudsman and PASC call for compensation and why rescue is urgent.
Article published in Pensions Management Institute (PMI) magazine, calling for the pensions industry to support the campaign for compensation for those affected by wind-up.
Article by Peter Humphrey explaining why the G overnment must accept the verdict of its own Ombudsman and the Parliamentary Select Committee and restore pensions to the victims of scheme wind-ups. Published in Parliamentary Brief October 2006, Vol 10, No. 10.
Explanation of how Government false assurances of pension protection and unfair rules of wind up have left Mr. Eaglestone – now 65 years old and suffering from cancer – without any pension after 34 years work and contributions in his asafe’ scheme.
Note comparing the Government’s treatment of the 32,000 Maxwell pensioners in 1992, with the treatment of the 100,000 or so pensioners from winding up schemes between 1997 and 2006. Their plight is far worse than the problems caused by Mr. Maxwell’s plundering of his scheme’s assets.
Ros critiques Pension Reform Minister, James Purnell’s interview on Radio 4’s aToday’ programme, where the Minister tries to reassure listeners that the Government is dealing with the wind-up situation.
Article published in Money Marketing magazine, on 2nd August 2006, highlighting the various pressures on Government to comply with the Parliamentary Ombudsman report and also the European Court ruling, calling for full compensation for those who have lost their pensions.Â
Brief question and answer crib to explain why Government is responsible for the injustices suffered by members of winding up pension schemes, as highlighted by the PASC and Parliamentary Ombudsman reports.