The Department for Work and Pensions (DWP) has published a guide providing information on the Financial Assistance Scheme (FAS).

The FAS provides financial assistance to people whose pension has been affected by a scheme wind-up where the scheme did not have enough asset to pay members benefits or where the employer is unable to meet its financial commitment to the scheme, for instance because of insolvency.

The DWP’s guide describes how the FAS operates and how it will affect members.