THE PENSION Protection Fund is set to raise significantly less money than it expected through the risk-based levy as companies get high invoices amended, Watson Wyatt says.
The actuarial firm said a “surprising” number of its schemes were finding that levy invoices – currently being sent out – were higher than expected despite having taken a great deal of care in making sure...
The Pension Protection Fund (PPF) is consulting on proposals to charge a "risk reflective" levy for commercial defined benefit (DB) consolidation vehicles.
The funding gap across FTSE 350 schemes could be slashed by as much as £275bn if schemes look beyond traditional ways of creating value. Victoria Ticha examines how
There will be "many flavours" of defined benefit (DB) consolidators but consolidation will only be the right answer for a minority of schemes, Alan Rubenstein says.
Work and Pensions Committee (WPC) chairman Frank Field has questioned the regulator on what lessons it can learn from the experience of the Kodak Pension Plan No.2 (KPP2).