The government will not proceed with plans to aggregate pensions from multiple employers in a single defined benefit (DB) scheme when it is absorbed into the Pension Protection Fund (PPF).
The Department for Work and Pensions (DWP) had planned to amend regulations so that benefits, accrued with a former employer and transferred into the scheme of a new employer, are combined when cal...
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
