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British Steel Pension Scheme

British Steel Pension Scheme

We have been approached by a number of people asking for advice on how best to proceed with their British Steel Pension Scheme. What are your options if you are one of the 130,000 members of the British Steel Pension fund? Members have until 11 December 2017 to complete their option forms. The British Steel Pension Scheme members are being asked to choose from two options. Option One: Pension Protection Fund Option one is to stay with the current British Steel Scheme, which will move into the Pension Protection Fund (PPF). This is a scheme that provides compensation to members of eligible pension schemes if their pension fund becomes insolvent. Option Two: Tata Steel Option Two is to stay in … Read More…

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