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Name: Personal Pension Schemes (Compensation) Regulations 1988 (S.I. No. 2238 of 1988)
Country: United Kingdom
Subject(s): Old-age, invalidity and survivors benefit
Type of legislation: Regulation, Decree, Ordinance
Adopted on: 1988-12-20
Entry into force:
Published on: Printed separately, 3 p.
ISN: GBR-1988-R-7443
Bibliography: Printed separately, 3 p.
Abstract/Citation: Provides that for a personal pension scheme which is not within the investor protection provisions of one or other of the Policyholders Protection Act 1975, the Building Societies Act 1986, the Banking Act 1987, the Financial Services (Compensation of Investors) Rules 1988 or the Friendly Societies Protection Scheme to be an appropriate scheme under Part I of the Social Security Act 1986, it must secure that any part of its liability for protected rights which it is unable to meet from its own resources are, at least to the extent that they would be met if one or other of those provisions did apply, met from some other source.
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