The Government has rejected proposals to cover 100 per cent of millions of savers’ pensions if their employer goes bust. Savers with a certain type of pension, known as a defined benefit (DB) plan, ...
The Pension Protection Fund will be allowed to pay compensation to the victims of some pension scams, after a High Court judge ruled its Fraud Compensation Fund would apply to schemes used for pension ...
The Pension Protection Fund will conduct a full review of its levy methodology calculation over the next three years — with the goal of reducing scheme payments — as part of a revised funding strategy ...
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