Written Question·Department for Work and Pensions·UIN 95319
Financial Assistance Scheme and Pension Protection Fund: Compensation
Tabled: 27 November 2025
Answered: 9 December 2025
Question
Neil Duncan-Jordan
Labour — Poole
To ask the Secretary of State for Work and Pensions, if he will consult with representatives of older FAS and PPF members to explore alternative approaches to compensating people without pension indexation.
Answer
Torsten BellThe Government has tabled an amendment which provides that compensation payments from the Pension Protection Fund (PPF) and Financial Assistance Scheme (FAS) on pensions built up before April 1997 will now be linked to CPI-inflation (capped at 2.5%) and a...
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