The pensions of former staff of collapsed British airline Flybe will not be protected by the Pension Protection Fund (PPF) as it sits outside the lifeboat’s UK jurisdiction.
The Guardian reported today (6 March) that around 1,350 of the Exeter-based airline's staff are in the British Regional Airlines Group (BRAG) pension scheme, which is based on the Isle of Man. D...
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, 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
