Round up - August 9
PPF unlikely to raise annual levy; Talks fail to resolve Qatari bid for Sainsbury's; Investor casts doubt over Friends' merger with Resolution; Bank signals further rise in interest rates this autumn to tame inflation
PPF unlikely to raise annual levy Financial Times (FTCM p18) The Pension Protection Fund, the safety net for occupational pensions, is proposing to hold steady the annual levy it charges to schemes for...
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Have your say: Should distressed businesses be allowed to suspend AE?
In this week's Pensions Buzz, we want to know whether or not you believe that business facing financial distress should be able to suspend their auto-enrolment contributions to avoid rising costs.
PPF proposes levy for commercial consolidators; slashes general levy estimate by £50m
The Pension Protection Fund (PPF) is consulting on proposals to charge a "risk reflective" levy for commercial defined benefit (DB) consolidation vehicles.
DB deficit could be halved by adopting new 'end-game' solutions
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
Alan Rubenstein: DB consolidation right answer for only a 'minority' of schemes
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.