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. | 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. | |||
Revision as of 16:43, 19 November 2017
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.
