MORE than 1000 scheme wind-up victims instantly became eligible for increased payments from the Financial Assistance Scheme when the government removed the "de minimus rule".
The rule, which was dropped in the Budget, prevented people entitled to payments of less than £10 per week claiming the money. And pensions reform minister James Purnell – answering a parliamentary...
Jonathan Stapleton asks whether newly-accredited professional trustees should be a statutory fixture on pension scheme boards.
Savers are being warned by the Insolvency Service to guard their pension pots from investment scammers and negligent trustees as it winds up 24 companies.
Respondents say they should only be required in certain situations as the system is not broken.