Trustees of schemes which qualify for help from the Financial Assistance Scheme will be banned from buying annuities for their members later this month.
New government regulations have been drawn up following the initial report from the Young Review – a department for work and pensions investigation into how to make best use of the assets currently...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
