Pension Protection Fund

There are increasing concerns pre-pack administrations are being exploited to dump pension schemes into the PPF. Stephanie Baxter explores whether there is systemic misuse and if the regime is ripe for reform

The Pension Protection Fund (PPF) has raised the fraud compensation levy for the first time since 2012 as it prepares for an expected swell in claims.

The British Steel Pension Scheme (BSPS) could have a £2bn surplus when using best estimate investment return assumptions, analysis by First Actuarial has suggested.

This week's top stories include speculation about what the snap general election may mean for pensions, and Bernard Matthews' owners accused by MPs of throwing out a deal to save the DB scheme for their own benefit.

The former owners of Bernard Matthews have been criticised for rejecting a takeover deal which would have stopped its defined benefit (DB) scheme from entering the Pension Protection Fund (PPF).

The Department for Work and Pensions (DWP) has launched a consultation which considers allowing contracted-out pensioner members to transfer to schemes which have never been contracted-out.

The Pension Protection Fund (PPF) has confirmed its new levy rule for schemes without a substantive employer for the 2017/18 year.

A deal on separating the British Steel Pension Scheme (BSPS) from Tata Steel may be just two or three months away, according to reports.

The Pension Protection Fund (PPF) is proposing changes to its levy rules for the next triennium from 2018/19 to develop a more accurate assessment of insolvency risk.

Imposing a higher levy on schemes without a substantive sponsor would be fairer and act as a deterrent, according to Pensions Buzz respondents.