The Pension Protection Fund will reduce the cap on its risk-based levy to 0.5% of liabilities.
In its consultation on the 2010/11 levy, published today, the lifeboat fund said the move would help protect 10% of the schemes which pay the levy - an increase from the 5% of vulnerable schemes protected...
Canada Life has signed a £351m bulk annuity contract insuring the pensioner liabilities of 2,510 members and dependents in the AA UK Pension Scheme.
In this week's Pensions Buzz, we want to know if you believe there is ever a case for combining retirement savings products with other savings products, and if the PPF levy for sponsorless schemes is appropriate for DB consolidators.
The Insolvency Service has disqualified four directors of trustee firms from running companies for a total of 34 years following an investigation.