The take-aways from the British Steel Pensions

From an outsiders point of view it seems that the original scheme offered by British Steel was a final salary scheme I would imagine with some guarantees, the problem being at the point of being taken over by Tata, there was talk of transferring the said final salary scheme to a money purchase with aContinue reading “The take-aways from the British Steel Pensions”

Unindustrialisation

I just made that title up. No such word, however having just listened to a meeting about the British Steel pension scheme fiasco, it just makes me think. South Wales has had it’s steel industry effectively moth balled, it’s paid off all the old staff with a very dodgy sounding pension shenanigans. There is mis-trustContinue reading “Unindustrialisation”