More pension schemes and their members are becoming interested in using bridging pensions as a result of Covid-19, according to Aon.
A government failure to update equality legislation means schemes offering bridging pensions could fall foul of provisions in the Equality Act 2010 - leaving them reliant on EU law as an interim solution.
The bridging pension anomaly faced by the Pension Protection Fund (PPF) will be removed under plans unveiled by the Department for Work and Pensions (DWP).
The Department for Work and Pensions (DWP) is consulting to resolve an "anomaly" where recipients of bridging pensions who enter the Pension Protection Fund (PPF) receive a higher rate of compensation for the rest of their life.