Tuesday, April 14, 2009

Pension lifeboat may need to be bailed out

£240bn final-salary pension deficit threatens to swamp lifeboat

The Pension Protection Fund has become a financial and political timebomb and the deficit is already "significantly greater than the quantitative easing package" and "on a par with the level of support being put together for the banking system". Well at least there is nothing safer than bricks'n'mortar; it's me pension innit!

Posted by enuii @ 09:43 PM (632 views)
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