The Pensions Protection Fund Ombudsman (PPFO) has rejected a complaint held by trustees over the suitability of a PPF levy guarantor.
Trustees of the Land Rover Pension Scheme complained to the PPFO that the risk-based element of the levy did not include parent companies, after the PPF had decided that their contingent asset - which...
More needs to be done to speed up DB to DC transfers but, as Jonathan Stapleton says, more also needs to be done to protect members.
The Pensions Ombudsman (TPO) took on 2,566 early resolution cases in 2018/19 after onboarding a team from The Pensions Advisory Service (TPAS), according to its annual report and accounts.
The lifeboat fund is in a good position despite reserves taking a £0.6bn hit. But the ramifications of the EU judgment on member compensation is an area of concern for CEO Oliver Morley, writes Stephanie Baxter