Ministers to reject Ombudsman report - papers 14th March

According to the paper, ministers are to reject demands from Ann Abraham, the parliamentary ombudsman, in a report published on Wednesday suggesting the victims of pension scheme wind-ups should be compensated using taxpayers’ money because their losses were caused by government maladministration. Abraham is expected to conclude people lost money because the government continued to reassure them their pension schemes were safe while simultaneously relaxing minimum funding rules against actuarial advice. But ministers will anger campaigners tomorrow by making clear they do not accept Abr...