Edward Vaizey – 2016 Parliamentary Question to the Department for Work and Pensions

The below Parliamentary question was asked by Edward Vaizey on 2016-09-02.

To ask the Secretary of State for Work and Pensions, whether it remains his policy to use the powers provided under the Pensions Act 2014 to increase the cap on compensation from the Pension Protection Fund for scheme members with long service.

Richard Harrington

I am committed to implementing the Pension Protection Fund long service cap and hope to be able to make an announcement shortly.