Pension providers should be required to pay out lump sums and other pension benefits to members before they reach minimum pension age in cases of ill health, MP John Mann has said.
Currently, pension scheme trustees have discretion over whether to make an early payment to members with serious or terminal health conditions. The Labour MP for Bassetlaw has tabled a bill in t...
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, 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
