Pension Protection Fund

This week's top stories include the regulator issuing its first fines to master trusts over chair statements, and the CovPress scheme's rescue from the PPF in first-of-its-kind action.

The House of Lords has amended the upcoming Pension Schemes Bill to introduce a lifeboat fund for failing master trusts. James Phillips asks if this is a good idea

Michael O'Higgins argues a sensible approach to assessing DB cash flow needs would lead to better business decisions.

The funding deficit of defined benefit (DB) schemes dropped almost 30% to £194.7bn over November, according to the Pension Protection Fund's (PPF) latest update.

Tata Steel UK has agreed with unions to start consulting on closing the British Steel Pension Scheme (BSPS) and replacing it with a "competitive" defined contribution (DC) arrangement.

The Pension Protection Fund (PPF) has put into effect changes to actuarial assumptions used in sponsor insolvencies and to calculate risk-based levies.

Defined benefit (DB) trustees should make greater use of the flexibilities within regulations, The Pensions Regulator's (TPR) chief executive has said.

The Department for Work and Pensions (DWP) will consider giving The Pensions Regulator (TPR) additional powers should they be needed, pensions minister Richard Harrington says.

The Pensions Regulator (TPR) needs to be “strong, decisive and influential”, its chief executive Lesley Titcomb has said.

Private assets are helping some schemes significantly outperform their peers. Jonathan Stapleton asks why UK schemes are not investing more in this asset class