UK - Workers who have lost their pensions when their firms collapsed will demonstrate outside the Treasury in Whitehall today (Thursday) in their fight for compensation.
More than 100 people, including former workers from Allied Steel & Wire, are due to take part in the rally, which will block the streets surrounding Chancellor Gordon Brown’s offices in central London.
The theme of the event, which begins at 1pm, will be “highway robbery”.
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Two consultancies have reported decreases in defined benefit (DB) transfer quotation requests in Q3, and said guaranteed minimum pension (GMP) equalisation could impact transfer activity.
The Association of Consulting Actuaries (ACA) and Royal London have proposed a "pensions pound" to "radically simplify" defined benefit (DB) pensions rights.