Ill health lump sums should be mandatory, Labour MP says

James Phillips
clock • 1 min read

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...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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