PPF completes transfer of UK Coal assets

clock

The Pension Protection Fund (PPF) has completed the transfer of assets held by the UK Coal pension scheme after the company collapsed following a failed restructuring.

As part of the transfer, the lifeboat fund has taken the 75.1% stake in Harworth Estates Property Group the schemes acquired in the earlier shake up. This 2012 restructuring split UK Coal into a...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • 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

Join now

 

Already a Professional Pensions
member?

Login

More on Risk Reduction

Rolls-Royce UK Pension Fund secures £4.3bn buy-in with PIC

Rolls-Royce UK Pension Fund secures £4.3bn buy-in with PIC

Transaction secures the benefits of 15,000 pensioners and 21,000 deferred members

Holly Roach
clock 11 August 2025 • 3 min read
Updated: The biggest buy-ins and buyouts since 2007

Updated: The biggest buy-ins and buyouts since 2007

Professional Pensions rounds up the largest block transfers of liabilities to insurers

Professional Pensions
clock 11 August 2025 • 1 min read
WCF Staff Retirement Benefits Scheme secures £7.2m buy-in with L&G

WCF Staff Retirement Benefits Scheme secures £7.2m buy-in with L&G

Transaction secures the benefits of all remaining 122 deferred scheme members

Holly Roach
clock 08 August 2025 • 2 min read
Trustpilot