Financial Assistance Scheme in focus

Pensions specialists at IRS look at the work of the Financial Assistance Scheme, which provides help for defined benefit pension scheme members whose employers are insolvent and who have lost benefits due to scheme wind-ups.

  • Rescue operation gives limited help to the chosen few    From IRS journal Occupational Pensions.

    Also

    Pension Protection Fund in focus    Occupational Pensions presents an in-depth examination of the work of the Pension Protection Fund, launched in April 2005, which provides compensation for members of underfunded pension schemes when an employer becomes insolvent.

    The Pensions Act 2004 and Pensions protected against winding up   Read HR & Compliance Centre's guidance on the key provisions of the Pensions Act 2004, including the creation of a new Pensions Regulator and a Pension Protection Fund, which came into force on 6 April 2005.

    Occupational pensions: the basics   HR & Compliance Centre's employment law reference manual provides in-depth guidance on all aspects occupational pensions, including the PPF.