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"The people who transferred their accrued pension benefits to AEA Technology on privatisation, based on incomplete information from government, lost money as a result"   
Public Accounts Committee  14 June 2023 

"This is probably the worst example I have seen of government reassurance and failed recognition of the risks of transferring from a guaranteed public sector scheme into a private sector scheme."
Baroness Altmann, Lords Grand Committee 5 Feb 2026

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