The Department for Work and Pensions (DWP) is set to announce changes to the cap on benefits paid out by the Pension Protection Fund (PPF), PP has learned.
The changes, expected to be announced to Parliament as early as tomorrow, will protect the benefits of long-serving employees who have built up a pension in excess of £35,000 a year. If a scheme...
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
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
