Financial secotor and government privatisation come together in a perfect storm. Result=workers shafted againBy One percent
British Steel pension scheme members were targeted by "vulture" financial advisers after Tata was allowed to offload its retirement fund, MPs say.
In 2017 the Indian firm announced a restructuring of the £14bn fund to keep its UK loss-making operations afloat.
But the government, Tata and regulators failed to protect 124,000 members from a "major mis-selling scandal", the Work and Pensions Select Committee said.
The UK government has yet to issue its response to the "neglect" claim.
so, not only has the government fucked up the steel industry by flogging it off to a bunch of Indians, they have also allowed crooks from the financial sector to steal rom and ruin workers.
Good job there establishment
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