More Help For Failed Pension schemes

21 03 2007

A nice ray of light in today’s budget! Gordon Brown announced increased support for the FAS ( Financial Assistance Scheme) – which provides support to members of pension schemes where the employer went insolvent.

Collapsed occupational schemes have been a bit of an own goal (for the government), so it is nice to see at least some common sense emerge. Thanks to labor and capital blog and to Tigamoo.

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