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Old 2nd Jul 2009, 15:00
  #102 (permalink)  
Super Stall
 
Join Date: May 2000
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Yes Walnut (post 72). Gordon Brown has ruined Final Salary schemes in the UK with his steath tax grab on pension tax credits when he was Chancellor. UK pensions schemes have lost around £100 billion up to now.

Robber Brown's pension tax grab certainly did not help, but will only account for around £300m of a deficit estimated at around £3bn.

Can't see any government guaranting a DB pension fund just because yields are low and everybody is living longer. Any DB scheme except there own ofc.
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