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Editor's letter: FSA has freedom to walk away from its obligations.

Publication: Pensions Management
Publication Date: 01-NOV-09
Format: Online
Delivery: Immediate Online Access
Full Article Title: Editor's letter: FSA has freedom to walk away from its obligations.(Editorial)

Article Excerpt
Byline: Padraig Floyd - Editor

In 1919, Vladimir Ilyich Ulyanov, or Lenin to you and me, wrote: "While the state exists, there can be no freedom. When there is freedom there will be no state."

Now, although there has been a degree of backlash against capitalism in the last couple of years, I can tell you categorically that Vlad was completely out of whack on this one. Because as of last week, there was no freedom and it...



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