Pensions Compensation Board: Difference between revisions
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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. | |||
Replaced by the Fraud Compensation Fund in 2005. | Replaced by the Fraud Compensation Fund in 2005. | ||
Revision as of 06:44, 19 July 2016
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.
Replaced by the Fraud Compensation Fund in 2005.
