Measures to increase the level of payments by the Financial Assistance Scheme will be fast-tracked, says minister for pensions reform minister Mike O'Brien.
The government has published draft regulations to increase FAS payments to 90pc from people’s normal retirement age – subject to a cap of £26,000. The department for work and pensions said in or...
To continue reading this article...
Join Professional Pensions
- Unlimited access to real-time news, analysis and opinion from the industry
- Receive our in-depth monthly magazine in either print or digital format
- Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
- Receive important and breaking news stories selected by the Editors in our daily newsletter
- Hear from industry experts and other forward-thinking leaders
- Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date