The 72% rise in the Pension Protection Fund surplus is good news but it will raise the hackles of trustees and cash strapped sponsors facing tough funding positions of their own.
It really shouldn't. The PPF is necessary to protect people from a life of poverty should their schemes fall over. More than that, the more successful the PPF is, the quicker the levy will cease. I...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- 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
