Pensions fund will not amount to a bail out
Press Review 19 May 2004
The pension protection fund, for people whose schemes were lost with the collapse of the company, was aimed at providing "assistance", the Department for Work and Pensions said yesterday.
Employers sceptical over pensions plans
News Article 19 May 2004
The government's plans for promoting company pension schemes could have the opposite effect, a new survey has found.
Workers set for pensions deal
Press Review 14 May 2004
The government is expected to agree to pay compensation to more than 60,000 workers who have lost their pensions.
Ministers offer £400 million bail-out for lost pensions
News Article 14 May 2004
The government has announced it will establish a £400 million fund to bail out 60,000 workers who have lost their pensions.
TUC chief warns of strikes over pension cuts
News Article 14 May 2004
Workers will be prepared to strike in protest at losing company pensions, the TUC general secretary has warned.
Blair set for deal on lost pensions
Press Review 13 May 2004
The government will today offer compensation to 60,000 workers who lost their occupational pensions after their companies went bust.
PM forced to reconsider on pensions
News Article 13 May 2004
Tony Blair and Gordon Brown are putting together a compensation package for employees who lost their pensions when companies went bust.
Time is running out for pensions decision, says Howard
News Article 12 May 2004
Michael Howard has warned the prime minister that "time is running out" for a decision on compensating pensioners who have lost out in company bankruptcies.
Ministers opt for pension rethink
Press Review 12 May 2004
The government has reconsidered its plans to scrap pension books and pay all state benefits directly into bank accounts.
MPs call for urgent move on pension protection
Press Review 11 May 2004
Labour MP Kevin Brennan is to table an amendment to protect workers' pensions when their firms go bust unless ministers yield to backbench demands before the government's legislation returns to the Commons next week.
DWP struggling to find pensions rescue plan
Press Review 10 May 2004
Civil servants at the Department for Work and Pensions are finding it difficult to find a solution to rescue workers who could lose their pensions, the FT says today.
Ministers facing backbench pension revolt
Press Review 5 May 2004
The government is coming under increasing pressure to compensate thousands of workers who lost their pensions when their firms collapsed.
Ministers move to protect pensions fund
Press Review 28 April 2004
Minister Malcolm Wicks yesterday told the Commons that the government was taking steps to gaurd against potential abuse of its new pensions protection fund.
PM promises pension payout
Press Review 22 April 2004
The prime minister yesterday signalled the government could compensate the 60,000 workers who have lost their pensions as a result of their companies collapsing.
CBI issues pensions warning
Press Review 21 April 2004
Companies will have to inject a further £6 billion a year into their pension funds over the next three years, the CBI has predicted.
