Financial Assistance Scheme to close on 1 September

The Financial Assistance Scheme (FAS) has announced it is to close and has issued a final call for potentially eligible schemes to get in contact.

Helen Morrissey
clock • 2 min read

The Financial Assistance Scheme (FAS) has announced it is to close and has issued a final call for potentially eligible schemes to get in contact.

FAS was set up to help members of schemes that went into wind-up between 1 January 1997 and 5 April 2005 and were unable to pay member benefits. It will not accept new applications after 1 Septembe...

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

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

UPDATE: TPR makes 'no surprises' regulatory pledge as it publishes five-year strategy

UPDATE: TPR makes 'no surprises' regulatory pledge as it publishes five-year strategy

Strategy comes alongside corporate plan and roadmap to give trustees a ‘clear line of sight’

Jonathan Stapleton
clock 14 July 2026 • 6 min read
Breaking: DWP publishes updated roadmap for workplace pensions

Breaking: DWP publishes updated roadmap for workplace pensions

Government sets out an updated plan to implement workplace pension reform

Jonathan Stapleton
clock 13 July 2026 • 2 min read
Why pension schemes need to stop reporting climate and start funding it

Why pension schemes need to stop reporting climate and start funding it

Bobby Riddaway says there is no shortage of climate attention but there is a shortage of climate action

Bobby Riddaway
clock 09 July 2026 • 6 min read
Trustpilot