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TELL THE PEOPLE THE TRUTH regarding workplace pension protection, in that there is none, another Robert Maxwell incident could happen.

Submitted on Monday 1st October 2012

Published on Tuesday 2nd October 2012

Current status: Closed

Closed: Wednesday 2nd October 2013

Signatures: 5

Tagged with

Money ~ remain

Petition Action

TELL THE PEOPLE THE TRUTH regarding workplace pension protection, in that there is none, another Robert Maxwell incident could happen.

Additional Information

People are being coerced into contributing money from their salaries into a pension pot with a company which will be at risk from the illegal actions of the owners of that company. Robert Maxwell ruined the Daily Mirror pension fund. There is nothing in the legislation to prevent a new owner of, say, Morrison's or any other company, to remove all the money held in the pension fund without reference to the pension scheme contributors. MONEY PAID INTO A PENSION FUND MUST REMAIN IN THE OWNERSHIP OF THE PERSON WHO PAID IT IN.


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