WORKERS at APW Electronics are now eligible for the Financial Assistance Scheme - two years after their pension scheme wound up.
More than half of the 1200 active and deferred members lost up to 80pc of their pensions when the scheme wound up in 2004. But they did not qualify for compensation under the FAS because the compan...
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