AEAT scheme members were 'badly informed', says PAC

‘Incomplete information’ from government caused members to suffer financial losses

Martin Richmond
clock • 3 min read
AEAT scheme members were 'badly informed', says PAC

Members of the UK Atomic Energy Authority Technology (AEAT) Pension Scheme were “badly informed” by the government at the time they transferred into the scheme, according to the Public Accounts Committee (PAC).

In a report published today (14 June), the PAC concluded the workers who transferred their benefits into the AEAT scheme after AEAT was privatised in 1996, did so based on "incomplete information f...

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Martin Richmond
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Martin Richmond

Senior Correspondent at Professional Pensions

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