Pensions Bill changes rushed through

The discovery of the loopholes had revived hopes that members of pension schemes whose sponsoring employers have already gone bust could still qualify for compensation from the Pension Protection Fund (PPF), due to come into force next April. This had led to speculation that trustees of pension sche...

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Bibliographic Details
Published inSunday telegraph (London, England)
Main Author Atherton, Pamela
Format Newspaper Article
LanguageEnglish
Published London (UK) Daily Telegraph 04.04.2004
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Summary:The discovery of the loopholes had revived hopes that members of pension schemes whose sponsoring employers have already gone bust could still qualify for compensation from the Pension Protection Fund (PPF), due to come into force next April. This had led to speculation that trustees of pension schemes in this position were under an obligation to keep the fund out of liquidation until the start of the PPF to enable the members to qualify for compensation.
ISSN:0307-269X