Pensions Compensation Board: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Update.) |
imported>Doug Williamson (Add date of replacement.) |
||
| (2 intermediate revisions by the same user not shown) | |||
| Line 1: | Line 1: | ||
The former fund set up under UK pensions legislation providing assistance in the payment of benefits cases where an employer was insolvent, assets were less than 90% of liabilities and there had been a loss of scheme assets as a result of dishonesty. | The former fund set up under UK pensions legislation providing assistance in the payment of benefits cases where an employer was insolvent, assets were less than 90% of liabilities and there had been a loss of scheme assets as a result of dishonesty. | ||
The Pensions Compensation Board was replaced by the Fraud Compensation Fund in 2005. | |||
Latest revision as of 09:32, 19 June 2019
The former fund set up under UK pensions legislation providing assistance in the payment of benefits cases where an employer was insolvent, assets were less than 90% of liabilities and there had been a loss of scheme assets as a result of dishonesty.
The Pensions Compensation Board was replaced by the Fraud Compensation Fund in 2005.
