UK - Trustees are facing an unquantifiable bill to cover death benefits for thousands of reservists that could be called up for a war against Iraq.
It is feared that many schemes’ insurance policies do not cover the death or widows benefits of a reservist killed in action. This could leave trustees open to mass payouts and put a serious str...
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