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...
Two global vehicles
'Further plug advice gap'
Must appoint separate CEOs and boards
Advisers do come out well
Will report to Mark Till