Pensions Compensation Board: Difference between revisions
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imported>Doug Williamson (Update final paragraph.) |
imported>Doug Williamson (Add date of replacement.) |
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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. | 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.
