Scheme pensions for Ssass and Sipp - the end of the line?

The issue of scheme pensions since A-Day has been confusing and problematic, and is possibly nearing its sell-by date - however, there may yet be a few glimmers of hope left

To say the issue of 'scheme pensions' in the fall-out from A-Day has caused confusion would be an understatement. It is probably more accurate to say it has been an enormous waste of time, effort and money. No surprise there then. But what is it all about and why all the fuss? What are scheme pensions and where are we now? Scheme pensions is a broad term covering all types of pensions being paid from a fund that is not an unsecured pension/alternatively secured pension (in other words, income drawdown) and is not an annuity. It includes final salary pensions from large schemes and money p...