Pension Protection Fund

Last week's agreement on a regulated apportionment arrangement (RAA) to split Tata Steel UK (TSUK) from its defined benefit (SB) pension fund fails to answer fundamental questions.

The regulator and lifeboat fund have agreed plans to sever the £15bn British Steel Pension Scheme from Tata Steel UK after months of negotiations with the trustee and sponsor.

The aggregate balance of the UK's defined benefit (DB) schemes improved by £6.2bn over July, according to the Pension Protection Fund's (PPF) 7800 Index.

This week's top stories include Now Pensions voluntarily withdrawing from the regulator's master trust assurance list as it battles with historic contribution issuers.

Alan Rubenstein is to step down as chief executive of the Pension Protection Fund (PPF) after nearly nine years in the role.

Having successfully brought PPF member services in-house, the lifeboat fund will do the same for FAS administration to lower costs and deliver customer satisfaction. The PPF speaks to Stephanie Baxter.

Despite a challenging year, the lifeboat fund has weathered the storm with strong returns and an improved funding level. Stephanie Baxter analyses its annual report

The Pension Protection Fund has announced its intention to bring Financial Assistance Scheme (FAS) member services in-house as part of its strategic plan for the next three years.

This week's top stories included coverage of a regulated apportionment arrangement agreed for Hoover's pension scheme.

Hoover has become the latest firm to cut its defined benefit (DB) pension scheme adrift after The Pensions Regulator (TPR) and Pension Protection Fund (PPF) approved the plan.