Friday, April 08, 2005

A sliver of good news for Rover workers

Amongst the maelstrom of bad news currently afflicting Rover workers, I would like to highlight one positive news story. Whilst doubts over the Rover pension fund contributed to sinking the SAIC rescue boat, workers pensions should be safe due to the Pension Protection Fund that was officially launched on Wednesday and protects members of pension schemes wound up after 6 April. If nothing else, it will test the fund to destruction.

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