01 April 2010
The Department for Work and Pensions (DWP) is seeking views on
two sets of draft regulations to enable Pension Protection Fund
(PPF) pension compensation to be shared on divorce.
According to the DWP: "The draft regulations will enable pension
compensation provided by the PPF to be shared when a person seeks a
divorce, a dissolution of their civil partnership or an annulment
of their marriage or civil partnership. This will mean that the
former spouse or civil partner of a person who is a member of the
PPF will be able to receive a share of that person's pension
compensation."
