State Ownership

surely there is a simple solution to the the problem of the Royal Mail Pension Fund.

The government sets up a holding company to manage the assets of the Fund, the whole of the assets are then transferred to this this new holding company. The government then sets a maximum pension that will be payable, remember it would be augmented by the state pension. Therefore, all of the assets comeunder government control, independent control of course.

Now, this could be done for all pension schemes, all contributions go into the Fund and are managed by the state. The same with the coal miners, the gas board, British Airways, all the former state companies which have been privatized. The state can run the economy through this holding company. The state will control all companies because eventually they would have majority holdings in all companies. The plan will have succeeded, a socialist state, completely wrecked, we are all serfs now.