PMI Soapbox – please support compensation for wind-up victims
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 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.
Response to John Hutton’s attempts to justify his rejection of the Parliamentary Ombudsman’s report, explaining why the Secretary of State’s case does not hang together.
Ros critiques the fallacies in John Hutton’s reply to her Open Letter in the Telegraph. She explains the flaws in Mr. Hutton’s arguments and shows how the Government needs to rethink its stance.
Open letter to Secretary of State for Work and Pensions, John Hutton, pointing out the errors in his evidence to the Public Administration Select Committee and criticising the Government’s heartless and shameful treatment of the victims of pension scheme wind-ups.