ALLIED STEEL AND WIRE PENSIONS
Early day motion 1768, tabled 8 March 2006 by Jennifer Willott (Liberal Democrat). Signed by 41 members.
That this House notes the bankruptcy of Allied Steel and Wire (ASW) in 2002 and the deficits of its company pension schemes; is deeply concerned for the welfare of the members of these schemes who have lost, in many cases, the majority of their pensions; is deeply critical of successive governments' failure to put in place proper advice and protection to ensure that such pension schemes were adequately funded and protected; notes the decision by Amicus and community trade unions to take the matter to the European Court of Justice on behalf of its members and former employees of ASW; and urges the Government to settle the dispute to avoid any further distress and financial insecurity to the former workers of ASW.
Signatures by party: Liberal Democrat 27, Labour 6, DUP 4, Conservative 1, Plaid Cymru 1, Respect 1, Scottish National Party 1.