The PPF took one scheme under its wing last month (November), resulting in a further 402 people around the UK now receiving compensation – or will do so in the future.
Bonas Group Pension Scheme transferred in to the PPF last month.
To date:
- 67 schemes are now in the PPF
- 20, 645 people are receiving or will receive compensation in the future
- The PPF paid out more that £4.8million in compensation between 2 November and 1 December
- The average yearly compensation is £4,700 per person
- The oldest recipient is 103, and the youngest is six years old
- The PPF now has a total of 273 schemes in its assessment period and a total of 121,300 members.
Details of the schemes that have transferred can be found on our website at: http://www.pensionprotectionfund.org.uk/index/transferred-schemes.htm
This also includes details of schemes currently in the assessment period and those schemes that have completed assessment but have not transferred in for whatever reason.
