The Pension Protection Fund (PPF) has cut its assumption for the liabilities it will have to take on annually in half over the last year.
The lifeboat fund's latest three-year strategic review, published today, revealed its one-year ahead expected claim amount had fallen from £1.8bn in 2013 to £800m this year. This was the result ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
