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Archive for September 25th, 2006

Saga continues…

We’ve been reading Saga Magazine recently (yes, really!) and have been struck by the support for the rag’s Petition for Pensions Justice campaign.

The magazine received a huge response to a feature about the 100,000 savers whose pension schemes went into liquidation.

It appears Saga readers are pretty annoyed the Government is refusing to accept responsibility, despite recommendations from both the Ombudsman and the Commons Public Administration Committee.

Those who’ve lost out are telling stories of their plight - like the poor duffer diagnosed with prostate cancer who has been forced to take a job stacking shelves.

Luckily, Pensions Reform Minister James Purnell is a real bleeding heart. He admits in this week’s Saga magazine that the failure of such schemes is “a real personal tragedy for those involved,” but adds: “The argument that we should be paying full compensation has not been made.”

Quite rightly, Saga sees Labour’s annual conference as a major opportunity to drive pensions justice up the political agenda.

That’s why they’ll be supporting the Pensions Action Group demonstration on Wednesday, with a march on Manchester’s GMEX Centre where the conference is held.

Citizens (and indeed senior citizens) of the People’s Republic can register their righteous ire on the Saga website.

Posted by Thin White Duke

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September 25th, 2006

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