XPS raises concern about the PPF acting as a public consolidator

XPS says PPF could support viable DB schemes with insolvent sponsors to reach buyout

Jasmine Urquhart
clock • 2 min read
XPS has proposed an alternative to the PPF public consolidator model
Image:

XPS has proposed an alternative to the PPF public consolidator model

XPS Pensions Group has raised concern about the potential for the Pension Protection Fund (PPF) to act as a public consolidator.

The consultancy said there was a "lack of evidence" to suggest the need for a public consolidator given that, in its experience, there are no barriers to obtaining quotes or "obtaining alternative ...

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

Join now

 

Already a Professional Pensions
member?

Login

Jasmine Urquhart
Author spotlight

Jasmine Urquhart

Senior Correspondent at Professional Pensions

More on Risk Reduction

Time to buyout drops to 5.1 years

Time to buyout drops to 5.1 years

Barnett Waddingham’s DB End Gauge Index finds surplus funds could unlock £45bn of value

Jasmine Urquhart
clock 13 December 2024 • 1 min read
Schemes have 'hard balancing act' with endgame investment strategies

Schemes have 'hard balancing act' with endgame investment strategies

Hymans Robertson says there should be ‘collaborative decision-making between sponsors and trustees’

Jasmine Urquhart
clock 13 December 2024 • 1 min read
Clara Pensions announces superfund deal with £210m Wates Pension Fund

Clara Pensions announces superfund deal with £210m Wates Pension Fund

Deal is first superfund transaction to be conducted with an active sponsor

Jonathan Stapleton
clock 12 December 2024 • 7 min read
Trustpilot