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Occupational Pensions

My hon. Friend is right to paint a picture of employees in the post-Maxwell era losing faith in their employers and, to an extent, in their trustees; of course, the same was also true of the post-pensions mis-selling era. However, were residents of North-West Leicestershire who were in the collapsed British United Shoe Machinery scheme not entitled to rely on information that was described in the initial leaflets as ““impartial information””? The then Government"““told Parliament and the public in its consultations that it had produced materials to help inform members of the benefits ‘and risks’ from a source they could trust””." Surely that was the lifeline that was thrown to many people, which disappeared beneath the waves.