Should a large insurer collapse trustees may expect the Financial Services Compensation Scheme to step in. However, Michael Klimes finds out this may not always be the case.
In the event of the collapse of a large life insurer, trustees at defined contribution (DC) schemes might believe they are protected by the Financial Services Compensation Scheme (FSCS). In this sc...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date