New occupational scheme launches; BSPS rescue proposals set out

Former British Steel workers will be able to ‘reverse transfer’ their pots

Jonathan Stapleton
clock • 2 min read

Pension SuperHaven has announced its formal launch as an occupational pension scheme and has set out its rescue proposal for former British Steel pensioners.

The scheme will accept transfers in from individuals' pension pots - offering a structure where each pensioner is able to ensure a "secure monthly pension for life, with shared upside" of any investment out-performance. Pension SuperHaven said it was currently in active dialogue with multiple companies and funds of significant size. Specifically, in respect of the former British Steel workers, the new structure could offer pensioner victims of the historic IFA scandal the chance to move what remains of their pension pots into an occupational pension scheme, already registered with HM ...

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