Pension Protection Fund
DB funding - December 2019: Deficit halves as equities and gilts rally, says PPF
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the December 2019 estimates on the various measures…
Why you need to read the Purple Book
As the PPF and Professional Pensions get ready to launch the 2019 edition of the Purple Book, Lisa McCrory explains how trustees and the wider industry can use the data.
Join us tomorrow for an exclusive live webinar on the latest PPF Purple Book
Professional Pensions is hosting the Pension Protection Fund (PPF) to exclusively launch the latest edition of the Purple Book through a live webinar.
PPF introduces updated insolvency risk services
The Pension Protection Fund (PPF), in partnership with Dun & Bradstreet (D&B), has published its plans for updated insolvency risk services and is consulting on its approach to insolvency risk measurement from 2021.
UPDATE 2: Bauer judgment - PPF has 'considerable latitude' in determining benefits, says ECJ
Pension lifeboat funds including the Pension Protection Fund (PPF) cannot be required to pay 100% of benefits, but must ensure members remain above the poverty threshold, the European Court of Justice (ECJ) has said.
Average DB scheme able to meet 94% of benefits
A typical defined benefit (DB) scheme was able to meet 93.7% of its accrued pension rights as of 30 September this year, according to Legal & General Investment Management (LGIM).
European court to deliver landmark ruling on PPF benefits next month
The European Court of Justice (ECJ) will deliver its judgment next month in a landmark case on whether pension lifeboat funds are paying out the right level of benefits.
PPF to revamp assessment panel with focus on pre-insolvency support
The Pension Protection Fund (PPF) has launched a retendering process for firms to sit on its assessment period trustee panel, with an increased focus on corporate restructures and insolvency proceedings.
DWP to fix 'unintended' PPF rules in pension schemes bill
The government will change the law to allow the Pension Protection Fund (PPF) to aggregate pensions for the purposes of calculating compensation.
PPF now paying higher compensation to all members affected solely by caps
The Pension Protection Fund (PPF) has begun increasing payments to all pensioner members whose compensation falls below 50% of their pre-insolvency entitlements solely due to caps.
Why pensions considerations are moving up the management agenda
The collapse of Thomas Cook shows how company boards must give greater attention to how pay and dividends contrast to pension scheme contributions, says Stephen Richards .
DB funding - September 2019: Equities hide impact of stagnant gilts as PPF 7800 deficit falls
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the September 2019 estimates on the various measures…
Thomas Cook schemes expected to enter PPF
Thomas Cook’s four UK defined benefit (DB) pension schemes are expected to enter the Pension Protection Fund (PPF) as the company begins insolvency proceedings.
PPF chief financial officer to exit after seven years in role
Pension Protection Fund (PPF) chief financial officer Andy McKinnon is stepping down from his role after seven years.
DB funding - August 2019: PPF 7800 funding collapses as gilt yields and equity returns tumble
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the August 2019 estimates on the various measures…
One year on from Hampshire: Uprated PPF benefits being paid but answers still needed
Key questions are still yet to be answered over how much compensation members receive from the Pension Protection Fund (PPF) a year after a landmark court ruling.
DB funding - July 2019: PPF 7800 records £39bn deficit increase as gilt yields plummet
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the July 2019 estimates on the various measures…
PPF: Give employees opportunities to develop themselves
The Pension Protection Fund won training scheme of the year at PP's inaugural Rising Star Awards. Its chief people officer Katherine Easter tells Kim Kaveh about the lifeboat fund's achievements
DB funding - June 2019: 'Best estimate' surplus grows £14bn
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the June 2019 estimates on the various measures…
PPF weathers the storm but challenges lie ahead
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
How can trustees recession-proof their investment strategies?
From gold to government bonds, there are many instruments trustees can use to protect themselves if a recession hits, says Steven Berkovi
Five stories you may have missed this week
This week's top stories included The Pensions Regulator launching a consultation on the future of trusteeship.
PPF appoints head of restructuring and publishes insolvency guidance
The Pension Protection Fund (PPF) has appointed Mike Ridley as head of restructuring and published a further guidance note for schemes facing insolvency events.
DB funding - May 2019: Best estimate funding level stagnant over May, says First Actuarial
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the May 2019 estimates on the various measures…
Most read
