I think you are right about this. At one time, pensions were platinum plated untouchable assets. For a lot of people working in uninspiring conditions & industries, the pension was the goal, the thing they looked forward to and worked towards.the problem is he isn't an anomaly. many UK companies pension funds are badly underfunded, and recently, I think priti patel, said they shouldn't be pressurised too much to balance pension funds while in difficult financial times (which sounds to me like a licence to asset strip frankly). I have a strong hunch our prime minister and her G4S husband, not to mention the rest of the Tory party, are much more naturally aligned with the Philip Greens of this world than ex BHS floor staff who slogged for thirty years and are in a dire place
How cruel when that is snatched away by a fabulously wealthy person who isn't satisfied with a fortune. Their greed and craving for even more money drives them to steal from those who can least afford to lose it.
Recently, there is a growing unpleasant ease with which people's pension pots are regarded as fair game to be raided. It's just disgusting, one of the worst betrayals of workers. I believe May will have no qualms about seeing this trend continue.