The Financial Assistance Scheme (Increased Cap for Long Service) Regulations 2018
The Financial Assistance Scheme Regulations 2005 (S.I. 2005/1986) (“the FAS Regulations”) establish a financial assistance scheme (“the Scheme”), allowing for payments to be made to or in respect of certain members or former members of certain occupational pension schemes where the liabilities of the scheme to those members are unlikely to be satisfied in full.
Lifecycle
Department
Made
20 Feb 2018
—
Comes into force
TBC
Enabling power
In accordance with section 317(1) of that Act, the Secretary of State for Work and Pensions has consulted such persons as the Secretary of State considers appropriate.
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