Financial Assistance Scheme

(asked on 22nd January 2024) - View Source

Question to the Department for Work and Pensions:

To ask the Secretary of State for Work and Pensions, whether he has made an assessment of the adequacy of the Financial Assistance Scheme for individuals who lost occupational pensions because their sponsoring employer became insolvent.


Answered by
Paul Maynard Portrait
Paul Maynard
This question was answered on 30th January 2024

The information required to carry out such an assessment is not readily available and to obtain the detail needed would take significant time. The Secretary of State has therefore made no such assessment and does not intend to do so at this stage.

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