Safety net for scheme members essential, Millfield says

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Ahead of the government's expected announcement today on insurance for pension funds, Millfield Part...

Ahead of the government's expected announcement today on insurance for pension funds, Millfield Partnership says compensation scheme for employees who can lose years of savings if their employer goes bust must be the way forward. MIllfield's pension specialist Graham Duckett gives the Government's suggested central discontinuance fund thumbs up. Apart from employers contributing more, stock markets making a dramatic recovery and Gordon Brown reinstating tax credits on UK shares, this is the only possible solution, Duckett says. He believes the fund could work in two dif...

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