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 Glossary   >   P   >   "Pensions Compensation Board" Definition   

        Pensions Compensation Board

An independent body set up on 6th April 1997 which pays compensation to individuals where money has been taken dishonestly from occupational pension scheme funds and the employer had become insolvent.

Pensions Compensation Board


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Pensions Compensation Board - An independent body set up on 6th April 1997 which pays compensation to individuals where money has been taken dishonestly from occupational pension scheme funds and the employer had become insolvent.


Pensions Compensation Board : an independent body set up on 6th april 1997 which pays compensation to individuals where money has been taken dishonestly from occupational pension scheme funds and the employer had become insolvent.