Cate Fox
Well-Known Member
I believe that you will find you are covered ( to what extent I don't know ) by the pension protection scheme that came in a few years ago. I doubt, however, that the pension scheme itself is totally bust.
I hope I get something back out of it to stick into a frozen pension I have with Scottish Widows, but I'm not hopeful of receiving anything decent. The company that is looking after it now are very slow at informing the members of what is happening.
Didn't Jessop's pension fund buy out part of the company so that more of the profits would be diverted their way rather than fall into the hands of shareholders?
I've no idea Bob, it wouldnt surprise me in the least. With the company about going bust the other year they no doubt didnt keep up with the payments into the fund.