Govt must 'right past wrongs' to boost pension confidence

The group – which represents the interests of 200,000 pensioners who lost out on their benefits when their employers went bankrupt before the introduction of the Pension Protection Fund (PPF) – is still pushing government to increase levels of compensation pay outs.   PAG has written to the Work and Pensions Select Committee responding to its best practice in workplace pension provision inquiry.   The group said in order to restore confidence in pension saving ahead of auto-enrolment “the mistakes of the past” should be fully rectified.   It urged g...