The Pensions Protection Fund has today launched a leaflet to help people who lost their pensions when their employers became insolvent and who are currently being assessed by the PPF scheme.
The leaflet, entitled ‘Your journey to becoming a member of the Pension Protection Fund’, explains the steps being taken on behalf of PPF members and the levels of compensation they might eventually receive. The leaflet follows on from a booklet entitled 'Help! My employer has gone bust and I think I might lose my pension', which explains how the PPF compensation scheme works, and is part of the Protecting People’s Pensions initiative. The assessment process determines whether a scheme has enough assets to pay members above the PPF levels of compensation. If the scheme in question canno...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
