The DWP has published draft regulations that will implement several changes to the Financial Assistance Scheme (FAS). The main changes to be implemented by the draft Financial Assistance Scheme (Miscellaneous Provisions) Regulations 2009 include:
- indexing compensation relating to post-April 1997 service;
- providing death benefits to surviving partners and dependent children; and
- indexing the current £26,000 cap.
It is also proposed that the responsibility for management of the FAS will transfer to the PPF.
View the consultation paper and draft regulations.