Approach following landmark ruling for PPF leaves FAS members as ‘second-class citizens’
James Phillips speaks to Sara Protheroe about making a PPF transition a positive experience
Key questions are still yet to be answered over how much compensation members receive from the Pension Protection Fund (PPF) a year after a landmark court ruling.
The Pension Protection Fund (PPF) has begun issuing top-ups to the benefits of members affected by the compensation cap after last year's landmark court ruling.
The Pension Protection Fund (PPF) hopes to conclude compensation payments to its members receiving less than 50% of their original benefit entitlements between April and summer this year, so long as it can collect the necessary information.
The government is seeking ways to ensure "parity" of compensation treatment between Financial Assistance Scheme (FAS) members from solvent and insolvent schemes.
The Pension Protection Fund (PPF) has conceded it does not have "all the data we need to calculate" the impact of last month's ruling that some benefits may be unlawful.
A landmark ruling in the European Court of Justice means the PPF must now revisit how it calculates members' benefits. James Phillips explores the impact.
The Department for Work and Pensions (DWP) is planning to increase the Financial Assistance Scheme's (FAS's) compensation cap for members with more than 20 years' service.
The Pension Protection Fund has announced its intention to bring Financial Assistance Scheme (FAS) member services in-house as part of its strategic plan for the next three years.