This email was sent to Money Box subscribers on 12 May 2006

Hello,

Here is your weekly e-mail telling you what is in Money Box on Saturday. Sorry if it is a bit later in the day than usual. We have been very busy rearranging the programme after the surprise news from the government that it will raise the basic state pension each year in line with earnings rather than prices, but not until 2012.

We will be getting reaction to the news from Pensions Commission chairman Lord Turner, Alison O’Connell of the Pensions Policy Institute and Mervyn Kohler of Help the Aged.

There has been a lot of worry this week about the safety of our new chip and pin cards after Shell petrol stations had temporarily gone back to taking signatures.

They took the action after data was stolen from customers entering their pins and used to make fake cards.

We will be asking a security expert, a major bank and APACS, which runs chip and pin, how safe our plastic is.

People claiming to be animal rights activists have written to some individual shareholders of drugs company GlaxoSmithKline threatening to publish their names and addresses if they do not sell their shares.

They say they are doing this because GSK now deals with Huntingdon Life Sciences, a controversial medical research firm which experiments on live animals.

What can you do if you are a small shareholder worried about your identity being made public?

Meanwhile, Prudential is imposing a deadline for mis-selling complaints on more than 100,000 customers whose endowment is unlikely to be enough to pay off their mortgage.

Two years ago, Prudential said it would not impose a time-bar on these complaints. Why has it reneged on that policy? We get the answer from Prudential and hear from Marianne FitzJohn of Endowment Justice.

Finally, last week I promised you an item on new rules about writing cheques. Sadly we had to drop it quite late in the day, partly to fit in the breaking news about the new pensions minister. But the change does not happen until 1 October and I am sure we will do it in good time.

Don’t forget you can also visit our website where you will find further information on all our items, you can have your say, and you can listen again to any item after it has been broadcast.

Money Box will be broadcast on Saturday, 13 May at 1204 BST on BBC Radio 4.

Thanks and best wishes from Paul Lewis


 




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