By David Hanson MP / Latest News / 0 Comments

Delyn MP David Hanson will this Friday (11th January) visit Mynydd Isa Junior School to meet with the school council to talk about his role as Member of Parliament for Delyn.

David Hanson said:

“I am very much looking forward to meeting up with members of the school council at Mynydd Isa Junior School to talk about some of my work as a local MP and more generally about the central importance of politics in their everyday lives.

“These meetings are extremely important and mutually beneficial.”

ENDS

Notes to editors: Press and photographers are invited to join David Hanson MP at Mynydd Isa Junior School on Friday 11th January at 9:00am.

By David Hanson MP / Latest News / 0 Comments

Delyn MP David Hanson has expressed his concern at Arquest’s decision to close its factory in Greenfield and is looking for a meeting with management to discuss the future of the plant and its workforce.

David Hanson said:

“I am deeply concerned by the news that the factory in Greenfield has plans to close. I have visited the site many times over the years and I know its highly skilled workforce makes a top quality product.

“I will be seeking an urgent meeting with Arquest’s management to discuss the future for the company and its workforce.”

By David Hanson MP / Latest News / 0 Comments

DON’T FALL VICTIM TO LONE SHARKS THIS CHRISTMAS – HANSON

Delyn MP David Hanson is urging people not to turn to loan sharks over Christmas as reports on illegal lending show loan sharks are particularly active over the festive period.

Earlier this year the biggest ever crackdown on loan sharks and illegal lending was announced. New specialist teams received funding of almost £3 million to hunt down loan sharks across England, Wales and Scotland.

The action builds on the success of pilot anti-loan shark teams in Birmingham and Glasgow, staffed by specialist Trading Standards officers working closely with the police. Since September 2004 these teams have identified more than 200 illegal lenders and shut down loan books worth more than £3million.

The teams prosecute and investigate loan sharks and offer advice and support to their victims, working together with voluntary organisations and debt advice agencies.

David Hanson said:

“Many people at this time of year can feel the Christmas pinch but turning to a loan shark will mean a Christmas ruined with worry and stress and a New Year of spiraling debts and threats of violence.

“Loan sharks are criminals and the Government is determined to keep them off the streets and prevent them from preying on the weak and vulnerable in our communities.

“Those that are struggling should contact a local credit union or debt advice centre for help and support.”

By David Hanson MP / Latest News / 0 Comments

Delyn MP David Hanson has welcomed a pension settlement for 140,000 people who lost their savings when their employer-sponsored pension schemes collapsed.

The Financial Assistance Scheme offers financial help to people who lost out on their pensions because their occupational pension scheme was under funded when it started to wind-up and their employer was unable to make up the shortfall because it was insolvent or no longer exists.

Under the terms of the recent announcement, the Financial Assistance Scheme (FAS) will be extended so that:

·        All scheme members will be guaranteed 90 per cent of their accrued pension at the date their scheme began wind-up.

 

·        This will be subject to a cap of £26,000, protected against inflation.

 

·        Pension accruals after 1997 will be protected against inflation.

 

·        Assistance will be paid from each failed scheme’s normal retirement age, subject to a lower age limit of 60.

 

·        People who are unable to work due to ill health will also be able to apply for early access to payments from age 60.

 

·        Members will be able to draw a tax-free lump sum, up to their full lump sum entitlement, if their share of scheme funds allows.

 

·        Widows and surviving civil partners will continue to be eligible for half of their spouse or civil partner’s entitlement.

 

·        Help will be extended to members of schemes wound up by solvent employers.

 

The announcement follows the final report of the Young Review which looked at ways of generating additional value from the failed pension schemes.

 

David Hanson said:

“I am delighted that this Government has taken action to protect those whose occupational pensions are put at risk when their employer goes bust.

“This settlement has been widely welcomed and with the Pensions Protection Fund and the Financial Assistance Scheme in place people have far more security in retirement.

“This is part of a wider programme encouraging greater confidence in pensions, including changes in the 2007 Pensions Act, recent reforms to the State Pension system to tackle pensioner poverty, our deregulation package, and the creation of Personal Accounts. Taken together these will ensure a fair, sustainable and generous pension system for today’s and tomorrow’s pensioners.”