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Last Updated: Friday, 17 March 2006, 15:26 GMT
Pension losses
Parliamentary Ombudsman Ann Abraham
Ann Abraham's investigation lasted for 16 months

BBC Radio 4's Money Box was broadcast on Saturday, 18 March, 2006, at 1204 GMT.

The programme was repeated on Sunday, 19 March, 2006, at 2102 GMT.

A report calling for an estimated 85,000 people to be compensated after they lost all or part of their pensions has been rejected by the government.

Parliamentary Ombudsman Ann Abraham's investigation looked at whether the government failed to warn people of the risks of final salary schemes.

Have you lost some or all of your pension?
What did you make of the report?
Has the government done the right thing?
It found that government departments had put out "inaccurate, incomplete, unclear and inconsistent information" over a number of years.

And it said the government was guilty of "maladministration which had caused injustice to a large number of people".

Louise Greenwood heard from affected pensioners and we asked Pensions Reform Minister Stephen Timms why the government has rejected most of the report's recommendations.

And pensions expert Ros Altmann gave us her strong reaction to the minister's comments.

Further information:

National Pensions Day

The meeting in Birmingham
Meetings are taking place in six cities

Around 1000 members of the public have been invited by the government to have their say on the future of pensions on Saturday.

Events are being held around the country at which people will hear speeches, watch a video presentation from Lord Turner of the Pensions Commission, and vote on different issues.

Money Box's Chris A'Court is at the Birmingham event.

Further information:


Piggy bank
Up to 7,000 can be invested tax-free in any one tax year
A rush of ISA applications is anticipated as the current tax year draws to a close.

We reviewed some of the popular cash and investment ISAs with Rachel Thrussell of comparison website Moneyfacts.

Further information:

2006 Budget looms

Chancellor Gordon Brown
What does the chancellor have in store for us this year?
Chancellor Gordon Brown will deliver his tenth Budget on Wednesday.

We spoke to the BBC's chief political correspondent John Pienaar about what the Budget may contain this year.

Further information:

Customer victory on bank charges

Lloyds TSB
Late on Wednesday Lloyds paid the money back in full
In what has been described as a landmark case, a bank customer has been given the right to send in the bailiffs after his bank refused to pay back 2000 of charges.

Brian Mullen won a court case against Lloyds TSB last month when he claimed the charges for breaching his overdraft limit did not reflect the true cost to the bank.

But when Lloyds refused to pay back the money owed, he went back to court to get the judgement enforced.

He won a warrant of execution by default when Lloyds failed to make a defence which meant the bailiffs could have seized assets from the bank to the value of the debt.

However late on Wednesday, just after the judgement, Lloyds paid the money back in full.

Credit hike for online gaming

Poker chips
Using credit on gaming sites will become more expensive

Two credit card companies are raising the charge to gamblers who use credit for online gaming.

Royal Bank of Scotland (RBS) and Egg are the latest of a growing band of credit card providers who have said they will take this action.

At present you cannot use a credit card to fund gambling in a real casino but you can do at an online gambling site.

These transactions are usually treated as purchases, attracting lower interest rates and no fees.

But within two months both Egg and RBS say they will be charged at the same rate as a cash advance, attracting a fee of 2% or more and a higher interest rate.

Presenter: Paul Lewis
Producers: Jessica Laugharne and Sonia Rothwell
Reporters: Chris A'Court and Louise Greenwood
Web Producer: Nathalie Knowles

Money Box



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