Pensions

Part of Oral Answers to Questions — Work and Pensions – in the House of Commons at 2:30 pm on 12 March 2007.

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Photo of James Purnell James Purnell Minister of State (Pensions Reform), Department for Work and Pensions 2:30, 12 March 2007

The Pensions Act 2004 puts in place a range of measures to provide support, advice and protection to schemes and scheme members. In particular, the financial assistance scheme provides support to members of defined benefit occupational pension schemes that started to wind up, underfunded, between 1 January 1997 and 5 April 2005.