UK - The Pensions Protection Fund will only protect 70% of the total value of members' pension promise, a leading actuarial consultant claims.
Lane Clark & Peacock says the government’s claim that members will receive “100% compensation” on retirement is false. Partner Francis Fernandes says compensation relates only to the current pen...
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