Financial assistance scheme

• Details
• Tagged entities

Properties

SES ID

• 10275

Notation

• 10275

In scheme

• Subject

Broader

• Occupational pensions

Definition

• Established under Pensions Act 2004 to provide help for occupational pension scheme members where the pension scheme is under-funded or the employer became insolvent. Applies to schemes which started winding up before 6 April 2005. For schemes to wind up after this date, see Pension Protection Fund.