Trustees' move offers hope to final-salary pension victims
Tony Blair and Andrew Smith, the pensions secretary, said last week that the Government was considering a rescue package for people in collapsed schemes. It is estimated that allowing schemes to remain invested would require government funding of about pounds 100m a year for 30 years, rather than se...
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| Published in | Sunday telegraph (London, England) |
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| Main Author | |
| Format | Newspaper Article |
| Language | English |
| Published |
London (UK)
Daily Telegraph
25.04.2004
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| Online Access | Get full text |
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| Summary: | Tony Blair and Andrew Smith, the pensions secretary, said last week that the Government was considering a rescue package for people in collapsed schemes. It is estimated that allowing schemes to remain invested would require government funding of about pounds 100m a year for 30 years, rather than several billions if compensation is paid all at once. |
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| ISSN: | 0307-269X |