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.   


Replaced by the Fraud Compensation Fund in 2005.  
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.


See also