Pensions Act 2004, various sections come into force
Implementation date: 6 April 2005
Various sections, including those relating to
the introduction of a Pension Protection Fund and a Financial Assistance Scheme,
come into force. The Pension Protection Fund is intended to protect final
salary schemes against the risks of winding up and the Financial Assistance
Scheme is designed to help employees whose schemes have already been closed. The
Act and the explanatory
notes and the Order bringing these
sections into force can be viewed
on the OPSI website.
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