UK - The Pension Protection Fundís guarantees are worthless unless the government underwrites them, the Lords heard.
Opposition parties said workers would believe the PPF “guaranteed” 100% of benefits to pensioners and 90% to active and deferred members. But provisions in the Pensions Bill allowed the work and...
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 for 12 months, 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
