Pension Protection Fund (PPF) and Financial Assistance Scheme (FAS)

Brian Spence

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Spent much of yesterday in connection with caseworkers from the Pension Protection Fund who are taking over the role of coordinating entry to the Financial Assistance Scheme.

There is much that is wrong with pensions and retirement provision but the PPF and FAS are fantastic developments. Some members of schemes we administer would have received no benefit at all before their inception.

The protection schemes are not perfect but they must be hailed as a significant achievement of the current government though it is unfashionable to give them credit for anything these days.

Preparing a pension scheme for the PPF or FAS is a major project and if you have a scheme that needs sorted out here is a link to our Pensions Protection Fund and Financial Assistance Scheme services.

Brian Spence

Post by Brian Spence

Fellow of the Institute and Faculty of Actuaries and Society of Actuaries in Ireland, scheme actuary, professional pension trustee

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