BSA attacks Conservatives pension 'promises'

The Tories' focus is those people who have lost their pensions through no fault of their own, for example, because their employer has gone bust. However, the BSA says not only has no work ever been done to fully assess the amount held in lost accounts, but the Tories' estimate of £33m in the building societies sector is laughable against the additional £15bn required to fund pensions in these cases. Adrian Coles, BSA director general, says at no point has there been communication between the BSA and Conservative Party about such a policy. “We also strongly question the right of any o...