ASW

Malcolm McLean looks back on a time of great change in the pensions market and says it shows no sign of stopping any time soon.

The government should take action to ensure more money is paid out to Allied Steel and Wire (ASW) pensions according to MP Gordon Henderson.

Welsh Assembly members (AMs) have set up a cross-party group to campaign for increased compensation for former Allied Steel and Wire (ASW) workers who lost pensions when the firm collapsed.

The leaders of the four biggest parties in the Welsh Assembly have urged Iain Duncan Smith to reinstate the full pensions of former Allied Steel and Wire workers.

Calls to lift the annual indexation cap from Financial Assistance Scheme compensation have been dismissed by pensions minister Steve Webb during a Parliamentary debate.