PPF reveals £343m deficit in first year accounts
THE PENSION PROTECTION FUND has published its annual report and accounts - revealing that it is responsible for the pensions of 43,000 individuals at the end of the first full year of its operation.
The protection fund said that between opening its doors on April 6 2005 and April 5 this year it accepted 98 pension schemes into its assessment period. And it said that of the 43,000 scheme members that...
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