Current Affairs Volume 26~16th April 2018. |
This Volume at a Glance:
• SelCom ~ TPR & TPO Update; An Invitation to provide Written and Oral evidence to Inquiry; • The Industry ‘Presidents’~The PMI ~ The SPP~ more pension ‘industry’ self serving organisations; |
SelCom ~ TPR & TPO Update ~ An Invitation |
In an ‘industry’ where it never rains or sprinkles, it pours in ‘stair rods’ the Parliamentary Work and Pensions Select Committee (SelCom) has this week announced an Inquiry into proposals within the government’s White Paper on defined benefit (DB) schemes which of course includes the Fire Service Pensions Schemes. The Inquiry, which will seek to inform and influence various consultations throughout the year, is initially seeking evidence on the powers, effectiveness, and culture of The Pensions Regulator (TPR) and how its corporate ‘clearance’ regime can be strengthened(Speak for wakening up and working for a living). Naturally the Bugler has already supplied its views/evidence to SelCom of the Fire Service DB Schemes and their parlous state which TPR have failed to take the slightest action on. SelCom is also asking whether the proposal for a new criminal offence, where company directors(Scheme managers or delegates) wilfully or recklessly put a DB scheme at risk, will act as a “meaningful deterrent”, and how TPR should define its expectations of the words ‘prudent’ and ‘appropriate or ‘recklessly’? Once more the Bugler has its evidential experiences with the LFRS to call on and forward, and has done so. SelCom is accepting written commentary from interested parties until 18th May 2018, and will then likely hold oral evidence sessions before feeding back to the DWP. Oral sessions are bad news for TPR, and in time, for TPO because its leaders will have to give a public accounting of the organisation they are responsible to Parliament for. The Morning Bugler has also flagged up the miscreants by name and appointment, these criminal civil servants, SelCom ought also to invite for oral questioning in the glare of the Public’s cameras. Whilst SelCom’s scrutiny is unlikely to cause the DWP any great discomfort it will publicly highlight the growing implied and actual concerns and criticisms of both TPR and TPO, based on supplied examples of obstructed Complaints, as failed organisations and confirm the Committee’s growing suspicions of their obvious corporate failures and shortcomings including misuse of resources, working culture, and unethical, if not unlawful, activities. Of course both TPR and TPO will excuse their inadequacies by informing the pension world that they have already started implementing a wholesale review of their landscape of incompetence to meet the challenges of the future but given the acerbic mood of SelCom towards Titcomb and her mostly lazy colleagues this is too little too late. |
Well how about just doing your job honestly for starters? It should be a matter of interest for all FS Readers that currently SelCom individual MPs Members are receiving live personal example, after live personal example, of copied correspondence between Complainants and these two organisations who, clearly in complicity at staff level, within both TPR and TPO are clearly not only failing their Statutory duty but as a consequence providing supporting live evidence of their collective wrong doings. Evidence which will substantiate the charges levied against both the TPR and the TPO that their civil servant employees are clearly acting partially in favour of their employers, the current government, by ceaselessly obstructing, stonewalling, and deliberately obfuscating by their foot dragging the right of access to ‘due process’ by Complainants, a right which they are entitled to by law. They know by now, as do the government departments involved, that the case of fraudulent underpayments to disabled FSVs and their Beneficiaries, which have been continuing for over two decades will be publicly exposed when the Opinions at law expressed by eminent Barristers contained in Complaints now placed before TPO when they are carefully examined and found to be correct in law. The Parliamentary Select Committee on W&P’s Public invitation to submit written and oral evidence to them by 18th May 2018 is an opportunity Dear Reader to express a supporting view on all the criminality that has gone on at every level of pension administration and is now continuing at both TPR and TPO by its civil servants. This complicit and cohesive obstruction cannot be other than directed but hidden government policy at work? How can anyone have confidence in a government which propounds the benefits of either having or saving towards a pension if this is how it treats its existing pensioner/investors? Soon, early next month, the same government will want our Local Government elections vote…make sure… you make it count based on what you have read on the Morning Bugler. Perhaps we should give the smaller parties a chance? It is time that this criminality is stopped and those so engaged are all publicly called to account and this is an opportunity to do so presented by a vigilant and an increasingly active Select Committee. If you are minded to support those whom this, and other governments have defrauded, please do so by going to the Morning Bugler supplied contact points for the Chair and Members of SelCom and send them a brief email of your views. Go Here. |
PMI ~ Pensions Management Institute |