Friday, April 08, 2005

MG Rover staff face pension wait

BBC NEWS | Business | MG Rover staff face pension wait: "BMW has told BBC News that well over 90% of MG Rover staff chose to transfer their pensions from the BMW-run Rover Group Pension to the new MG Rover scheme. "

How could so many people have transfered their pension to the new Rover group rather than stay with BMW? It does not make much sense unless there was some pressure or incentive.

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