No. of Recommendations: 0

Anybody have any details about risks to deferred final salary pensions when/if your company (currently UK based) is bought by an overseas buyer (outside EU) ?

I have a vague memory of someone who's deferred pension was with a company that was bought out by an American company and they said they were not covered by any protection scheme if that company were to go bust - once retired they would then be covered.

Many thanks in advance for any help on this.

Print the post  


Warning about early pension release schemes
The FCA says "You should be especially wary of any scheme offering to help you release cash from your pension before you are 55, as it is almost certainly a scam."
The Pensions Crisis
We have a separate board called Pensions - Motivation and Policy. If you want a general discussion of the relative merits of pensions or to talk about the "Pensions Crisis" that is the place for the discussion.
Closure of the UK Discussion Boards
The UK Discussion Boards are now closed to new posts.