The government should take action to ensure more money is paid out to Allied Steel and Wire (ASW) pensions according to MP Gordon Henderson.
Former ASW workers are paid compensation by the Financial Assistance Scheme (FAS) after the company collapsed with a large deficit in its scheme. The FAS pays out 90% of accrued pensions, but wi...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date