Pension Protection Fund

After a solution to save the Halcrow's DB scheme was ruled illegal by the High Court, the trustees are looking at an alternative option. Kristian Brunt-Seymour looks at the case.

The total funding level of the 5,945 schemes in the Pension Protection Fund (PPF) 7800 index rose slightly to 83% by the end of April.

Trustees relying on equities and gilt yields to improve are taking a big gamble and could result in a rush of schemes going bust, says Hugh Nolan.

PP explores the option of putting the British Steel scheme through the bulk annuity market.

Johnston Press has revealed how it cut its pension liabilities by £53m through a medically underwritten study to review assumed life expectancy of its members.

The biggest stories this week were backlash over Bentley's plans to pass NI costs onto DB members, Rothesay Life buying two-thirds of Aegon's bulk annuity book, and speculation over the future of the British Steel scheme.

The funding level of the 5,945 schemes in the Pension Protection Fund (PPF) 7800 index improved slightly to 81% by the end of March.

The Employer Covenant Working Group (ECWG) has announced its formal launch as it publishes a guide for advisers, trustees and sponsors of defined benefit (DB) schemes.

Total funding levels of defined benefit (DB) schemes in the Pension Protection Fund (PPF) 7800 have continued to fall against a backdrop of market volatility and falling gilt yields.

Total deficits of defined benefit (DB) schemes in the Pension Protection Fund (PPF) 7800 increased by more than a third over last month against a backdrop of falling gilt yields.