The Pension Protection Fund (PPF) must ensure it pays out at least 50% of individual entitlements to members whose funds were absorbed into the lifeboat fund, the European Court of Justice (ECJ) has ruled.
In a judgment handed down this morning (6 September), the ECJ said current compensation levels were not always enough, heeding the official opinion of one of the court's advocate-generals that PPF benefits...
Centred on PPF rules
Financial wellbeing strategy launch
Fell into administration this year
Wider reform desperately needed
SIPP claims up 114% year on year
The Pro Adviser Podcast
Following Bailey's BoE role