PPF makes first top-up payments after ECJ ruling
The Pension Protection Fund (PPF) has begun issuing top-ups to the benefits of members affected by the compensation cap after last year's landmark court ruling.
In an update on the judgment this week (1 April), the lifeboat fund said it had made its first payments to PPF members most affected by the decision. The European Court of Justice (ECJ) decreed that...
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Hargreaves Lansdown: Pension tax system a 'bloated, inefficient mess'
Only a “comprehensive rethink” will be able to fix the “bloated, inefficient mess” of the current pension tax system, says Hargreaves Lansdown head of policy Tom McPhail.
Ombudsman rejects complaints against British Steel trustees
The Pensions Ombudsman (TPO) has rejected a number of complaints from members of the embattled and collapsed British Steel Pension Scheme (BSPS).
Purple Book reveals DB risk up but PPF 'bigger and stronger than ever'
Plenty of risk remains in the Pension Protection Fund's (PPF) universe but the outlook on funding levels is positive, the lifeboat says as it launches its 2019 Purple Book.
The challenges of a self-sufficiency approach
A self-sufficiency approach is not riskless and trustees must consider covenant strength and longevity exposure. Chris Ramsey looks at the key considerations of running schemes on.
December concludes turbulent year for DB transfer values
Pension transfer values fell in December, while the number of individuals taking a transfer value from schemes rose, according to XPS Pension Group.
