Hogan Lovells

Key Dates

Consultation paper and draft regulations issued on 18 September 2017.  Consultation closed on 25 October 2017.

The introduction of an increased FAS long service cap was announced on 15 September 2017.

The Financial Assistance Scheme (Increased Cap for Long Service) Regulations 2018/207 in force on 21 February 2018


Summary

Draft regulations have been issued to increase the annual cap on support from the Financial Assistance Scheme (FAS) in respect of members with more than 20 years' pensionable service in the same scheme. 

Background



Date Accessed: 03/12/2021