WPC hearing: Experts warn many BSPS members could end up in PPF

Kim Kaveh
clock • 3 min read

Industry experts are worried many British Steel Pension Scheme (BSPS) members will end up in the Pension Protection Fund (PPF) instead of switching to the new fund.

They voiced these concerns during a special evidence hearing today held by the Work and Pensions Committee (WPC) in order to probe questionable approaches and unsuitable advice given to BSPS member...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

DWP launches consultation on implementing small pots default consolidator solution

DWP launches consultation on implementing small pots default consolidator solution

Government aims to have small pot consolidation operational from 2030

Jonathan Stapleton
clock 15 September 2026 • 2 min read
Pensions UK: Schemes should not be asked to keep paying for a broken levy

Pensions UK: Schemes should not be asked to keep paying for a broken levy

Zoe Alexander says general levy proposals impose unfair costs on schemes

Zoe Alexander
clock 15 September 2026 • 5 min read
AI data regulations should include pension perspective, says Zedra

AI data regulations should include pension perspective, says Zedra

Data regulation should clarify accountability and governance for trustees

Alex Levy
clock 14 September 2026 • 1 min read
Trustpilot