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Pension problems hit family charity

1st May 2006, 8:49 am

From Scotsman.com

Charity replaces pension-crisis predecessor:

A new children’s charity will be launched in Scotland this week after its predecessor was brought down by a multi- million-pound pensions black hole, triggering fears that it could be the first of many collapses in the sector. Family Service Unit Scotland will set up as a breakaway independent organisation after FSU UK was forced to call in administrators.

Note that in England (and Wales?) FSU has become part of Family Welfare Association.

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