NEARLY two-thirds of scheme managers believe proposals to increase Pension Protection Fund levy payments for the 2007-08 year fail to strike the right balance between protecting weaker schemes and not penalising stronger schemes, an exclusive survey by Professional Pensions reveals.
Some 63pc of PP’s panel of 100 top scheme managers said that an increase in levies would not achieve what the PPF intended. Despite this, 16.6pc of respondents believed that increases would achieve the...
Former home secretary Amber Rudd is to return to the cabinet as work and pensions secretary after the resignation of Esther McVey.
This week's top stories included proposed draft regulations in a no-deal Brexit which would make scheme investments illegal, and Esther McVey's resignation as secretary of state.
There have been a total of 15 ministers responsible for pensions since 1997. Here is the list in full.