Ensure easy transferability of pensions between employers and between pension providers and allow for easy amalgamation of multiple pensions. Protect the pension rights of employees working in firms that are sold as going concerns. In future, the purchaser of an existing company will be required to take on responsibility for the pension entitlements of the existing employees and the state of the pension fund at the time of purchase.
in favour of cultural policies or leisure facilities, for example museus, libraries or public sport clubs