This bill pays compensation to people who lost money in London Capital & Finance and helps pension schemes defrauded through pension liberation scams.
A Bill to provide for the payment out of money provided by Parliament of expenditure incurred by the Treasury for, or in connection with, the payment of compensation to customers of London Capital & Finance plc; provide for the making of loans to the Board of the Pension Protection Fund for the purposes of its fraud compensation functions; and for connected purposes.
Status: Act of Parliament
Current House: Unassigned
Stage: Royal Assent
Sponsored by: John Glen, Viscount Younger of Leckie
Introduced: 2021-05-12
Royal Assent: 2021-10-20