Members could lose £1,000 a month from delayed PPF cap increase
Some people could face losses in excess of £1,000 per month due to delays in increasing the Pension Protection Fund's (PPF) compensation cap, according to estimates.
The figure is based on a freedom of information (FOI) request by the trade union Prospect, seen by PP exclusively. Prospect's pension officer Neil Walsh wanted to find out how many members are affected...
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