THE PENSION Protection Fund expects claims from a "steady stream" of small and medium-sized schemes in the next three years.
It says research by the Insolvency Service suggests the number of corporate insolvencies will increase by 3pc between 2006 and 2008. In 2005, around 0.8pc of companies went bust. The Bank of Englan...
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
