Flybe pension scheme members may not be covered by PPF protection

Hope William-Smith
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The pensions of former staff of collapsed British airline Flybe will not be protected by the Pension Protection Fund.
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The pensions of former staff of collapsed British airline Flybe will not be protected by the Pension Protection Fund.

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. Due to...

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