Tories await signals before lending support to pension fund Bill

A Bill that would give better protection to scheme members when company pension funds are wound up will only get Tory support if the government indicates it is serious about supporting the issue, says Howard Flight, Opposition Treasury spokesman. Referred to as the "Maersk Bill", it will be up for discussion in Parliament next Friday, according to Labour MP Jim Cousins, and its sponsors will be looking for cross-party support, something that Flight says he has nothing against considering the gist of the issue. The Bill's name comes from the Danish shipping conglomerate that wo...