The Pension Protection Fund (PPF) has secured the benefits of 4,000 members of the Carillion Rail Pension Scheme after it became the 1,000th scheme to transfer to the lifeboat fund.
The PPF has reached the 1,000 scheme milestone 15 years after it was established in 2005, and it now manages £32bn of assets for nearly 260,000 members. The Carillion rail sections are sponsored...
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