PPF called to compensate British Steel victims

PIMFA consultation response

Hope William-Smith
clock • 3 min read
PPF called to compensate British Steel victims
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PPF called to compensate British Steel victims

The Pension Protection Fund (PPF) should take in the members of the former British Steel Pension Scheme (BSPS), says the Personal Investment Management & Financial Advice Association (PIMFA).

The trade body suggested this plan as it addressed the fate of the BSPS members who transferred out of the defined benefit (DB) scheme in 2017 in a new proposal presented to the Financial Conduct A...

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