who is dating lebron james - Consolidating company pensions

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An influential Parliamentary committee has said the UK government should foster the merger of final salary schemes to reduce the risk of future funding scandals.

A report published on December 21 by the Work and Pensions Committee has sought to learn lessons from the scandal which resulted from news of a £571 million funding gap at the BHS pension scheme earlier this year.

Budgetary constraints again forced the government to impose the latest contribution moratorium, the third in a row, as the economy slid into recession in 2015 after five years of growth.

In 2016, the moratorium will enable the government to direct some RUB342.2bn (€4.9bn) to the PFR, reducing transfers from the budget.

Given that you describe it as a small personal pension, it's also unlikely that your relative will lose any benefits by consolidating.

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