Publication
International Restructuring Newswire
Welcome to the Q3 2025 edition of the Norton Rose Fulbright International Restructuring Newswire.
Pensions (Special Rules for End of Life) Bill introduced into Parliament
United Kingdom | Publication | November 2024
On October 21, 2024, the Pensions (Special Rules for End of Life) Bill received its first reading in the House of Commons.
The text is not yet available, but it is expected that it will amend the definition of terminal illness in relation to compensation payments made under the PPF and the FAS to allow compensation claims for members with less than 12 rather than 6 months to live. This would bring the PPF and FAS into line with the rules governing registered pension schemes.
The second reading is scheduled for January 17, 2025.
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