Draft winding-up rules set to boost lump sum payouts

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DRAFT regulations on winding up are set to boost lump sum payments for thousands of members with small pensions, Atkin & Co says.

The actuarial firm said The Occupational Pension Scheme (Winding up, winding up notices and reports etc) (Amendment) Regulations 2007 – issued earlier this month and expected to come into force in ...

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