Some 40 members of a scheme whose employer became insolvent may not be covered by the Pension Protection Fund, due to a technicality in the Pensions Act 2004, Ros Altmann says.
Saga Group director general Altmann said members of the G&H pension scheme - which has 40 members and a £1m deficit on a PPF basis - are set to lose much of their pension because of "serious flaws"...
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