The battle is on with the government to stop firms denying 2.5m retired staff money that is rightfully theirs, reports Rupert JonesIt was 10 years ago this week – on Monday, November 5 – that pension-fund plunderer Robert Maxwell fell off his yacht and drowned. Coincidentally, this week saw campaigners step up their efforts to stamp out an entirely legal but “unfair” pension practice they say results in hundreds of thousands being denied money that’s rightfully theirs. A group of Labour MPs, and the financial services trade union Unifi, this week met with pensions minister Ian McCartney to call for the abolition of “clawback”. Continue reading…
Source : theguardian.com
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