At a time when we are all being advised of the need to plan and save for our retirement, the Carillion pension saga and the role of the pension regulator does not make for pleasant reading.
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Carillion pension scheme
MP Frank Field said: “They were shovelling money out to themselves, they were shovelling it out to investors. Why didn’t you get them to shovel it out to the pensioners?”
After a prolonged and delayed legislative gestation period new developments in England will now have to provide a 10% net gain in...