FAS payments are funded by the Treasury, so will not be affected by the difficult situation in financial markets. We’d also like to reassure you that we will be able to continue paying members as normal. Your usual payments will not change.
We’ve started to make increased payments to pensioners whose benefits fell below 50% of the value of their accrued benefits because of a combination of the compensation cap and other factors. We’re aiming to increase payments to the majority of pensioners in this group by the end of September 2020.
Following a consultation launched in December on the methodology Dun & Bradstreet (D&B) use to calculate insolvency risk scores, we’re pleased to share positive feedback and upcoming changes.
Respondents to the PPF’s recent levy consultation welcomed the introduction of the new services developed with Dun & Bradstreet with some small scale improvements
We understand this is a very difficult time but if you're a member of a Laura Ashley defined benefit pension scheme you can be assured that your pension is protected by us.
Our member website puts you in the driving seat. It gives you the freedom to access and manage information about your benefits and make informed decisions, at a time that best suits you.
Our members are our number one priority and we exist to protect your financial future. We want to know what matters to you, your views on the service we offer and your thoughts about changes we could make in future.
As of 31 March 2019 our median gender pay gap stood at 13 per cent (17 per cent in 2018). The mean pay gap is 22.5 per cent (23.5 per cent in 2018); the median bonus gap is 30.5 per cent (unchanged from 2018) and the mean bonus gap is 66 per cent (59 per cent in 2018).
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