We comment in The Telegraph on Flybe’s collapse and impact on its pension scheme members
Our comment regarding Flybe’s pension scheme, following news of its collapse, was published in The Telegraph.
Dan Mindel commented:
“There are a number of DB schemes where the fund or the principal employer is not registered in the UK and therefore do not qualify for protection from the Pension Protection Fund (PPF).
“This case, in particular, highlights the need for trustees of such schemes, especially where the sponsor is having difficulties, to consider taking the necessary steps to restructure the scheme to ensure the members have that lifeboat in case the worst happens.”
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