Pensions
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Asked if the Prime Minister was happy with the amendments to the Pensions Bill being put forward today, the PMOS said that this was the result of a lot of hard work carried out by DWP, the Treasury and Downing Street. It had led to a package which would go some way towards addressing the issues facing people who had lost their pensions when their firms had gone bankrupt. Today’s announcement was clearly very welcome news.
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Downing Street Says.
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That’s really, really great; I’m very happy to see the government fulfilling the need for a safety net for this group of individuals under these unusual circumstances.
I’m even happier to see that things like this won’t happen in the future, given the new rules around pension schemes introduced recently.
Comment by Gregory Block — 17 May 2004 on 10:01 am | Link