MALTA - The hotly-debated pensions reform has been allowed to fall from public view and the growing silence is breeding uncertainty among the people, said Green Party chairman Harry Vassallo.
In an article, Vassallo commented on how several months ago the Nationalist government had made “loud statements” claiming the reform was high on its agenda.
But at present little action has been taken on the matter. Vassallo went on to slam both the government and the Labour opposition.
He said: “Although the opposition shrugs off government concerns about the unsustainability of the pensions system and insists it should be tackled following the election, it has made no reform proposal of its own.”
According to the Green Party chairman, this has allowed the government to announced a vague reform proposal and go on to say nothing further.
Among other things, the government proposal should see the creation of second pillar pensions, after the state pension system is mended.
The Pensions Regulator (TPR) and Labour MP Stephen Kinnock and will listen to the experiences of steelworkers when transferring their pensions away from the British Steel Pension Scheme (BSPS) next week in Port Talbot.
Just Group has acquired a 75% stake in the holding company of Corinthian Pension Consulting in a bid to strengthen its professional defined benefit (DB) advisory services.
The Pensions Regulator (TPR) has exercised its production order power under the Proceeds of Crime Act 2002 for the very first time as part of a fraud investigation.
The ITN Limited Pension Scheme has named Trafalgar House as its administrator for an initial term of five years.