In all cases, the early retirement factor is applied to the compensation before the compensation cap is applied. Simply follow the links to the tables of early retirement factors detailed below:
The circumstances in which commutation is possible are set out in Regulation 19 of the Pension Protection Fund (Compensation) Regulations 2005 and Regulation 21 sets out how this option may be exercised.
We've been supporting local charity, Lives Not Knives, for one year. They work to prevent knife crime, serious youth violence and school exclusions in Croydon and London.
The recent global IT outages, caused by a CrowdStrike antivirus update for Windows devices, had a negligible business impact due to our robust risk management procedures.
We protect the future of millions of people throughout the UK who belong to Defined Benefit (DB) pension schemes.
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