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Tories blamed for plight of pension victims

by Paul McMillan

Chancellor Gordon Brown says the Conservatives should shoulder the blame for occupational pension victims’ losses.

Parliamentary Ombudsman Ann Abraham earlier this year found the Government to blame for losses where pension schemes were wound up.

Brown said in response to a question: “This is a complaint against the previous Government. What I would say is that since 1997 we have done more than any other Government to deal with this problem.”

Pension campaigner Ros Altmann says: “What an outrageous statement. Brown does not have a leg to stand on with this argument. It was this Government that weakened the schemes and made the minimum funding requirement useless.”

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