The Pension Protection Fund (PPF) was established to pay compensation to members of eligible defined benefit pension schemes, when there is a qualifying insolvency event in relation to the employer and where there are insufficient assets in the pension scheme to cover PPF levels of compensation.
The PPF is a public corporation of the Department for Work and Pensions.
Every month, several firms issue trackers of the aggregate defined benefit (DB) scheme funding position. See here for the April 2019 estimates on the various measures…
This week's top stories included Smart Pension and Moore Stephens master trusts being fined for historic chair's statement failures.
Funding standards for DB schemes have increased exponentially over the past decades. Con Keating says such significant overstatement of liabilities will lead to pushback through the courts.
Regulations from the government set out plans to remove protections for UK DB schemes hit by an EU employer insolvency. James Phillips explores the details.
The Pension Protection Fund (PPF) has published its first three-year strategic plan in a bid to provide more thematic and transparent thinking about its longer-term thinking.
JP Morgan Securities has reported the highest gender pay gap of any UK firm working with occupational pension schemes in 2017/18, PP analysis finds.
The government has set out initial thoughts on the criteria for DB master trusts to be accredited. James Phillips looks at the details
The Pension Protection Fund (PPF) has begun issuing top-ups to the benefits of members affected by the compensation cap after last year's landmark court ruling.
A rarely-used insurance product guarantees the payment of DRCs in the worst-case scenario. James Phillips asks if it is appropriate for DB schemes
The Pension Protection Fund (PPF) is seeking applications for three non-executive directors, with an aim to appoint a compensated member to the position for the first time.
The Work and Pensions Committee (WPC) has questioned The Pensions Regulator (TPR) over its involvement in a refinancing plan for Debenhams, as the retailer battles for survival.
This week's top stories included Cardano announcing plans to acquire Now Pensions from a Dutch pension fund later this year.
Smaller schemes may be eligible for a levy reduction but are failing to fill out a simple application form, the Pension Protection Fund (PPF) has said.
The Pension Protection Fund (PPF) has reappointed Dun & Bradstreet (D&B) to model insolvency risk for its levy calculations, replacing Experian.
The combined funding level of the UK's 5,450 defined benefit (DB) schemes increased by 60 basis points (bps) over January, latest Pension Protection Fund (PPF) data reveals.
The Pension Protection Fund (PPF) compensation cap will rise by £1,014 from April, the lifeboat fund has confirmed.
As the DWP's consultation on consolidation comes to a close, Stephanie Baxter takes a look at the industry's responses
Trustees lack expertise, time and resources to develop effective communications on technical pensions issues and need professional help, a major review of the British Steel saga has concluded.
Defined benefit (DB) schemes fell back into deficit on aggregate over December as gilt yields and asset returns fell, the Pension Protection Fund (PPF) says.
Despite the gloom around Brexit and all the challenges facing pensions, there are plenty of reasons to be cheerful. Top industry commentators tell Stephanie Baxter why there is cause for optimism
The Pension Protection Fund (PPF) hopes to conclude compensation payments to its members receiving less than 50% of their original benefit entitlements between April and summer this year, so long as it can collect the necessary information.
The Pension Protection Fund has published its final levy rules for 2019/20 following a consultation launched in September.
Defined benefit (DB) schemes ended November in an aggregate surplus position for the first time since 2011, according to Pension Protection Fund (PPF) figures.
Nine in 10 FTSE 350 defined benefit (DB) pension schemes could pay off their IAS19 deficit with less than six months of earnings, according to Hymans Robertson.