PPF's Martin Clarke talks about the long-term levy and the new assess and pay initiative
The Pension Protection Fund has successfully guided the first scheme through the assessment period using its ‘assess and pay' programme.
Schemes are continuing to reduce investment risk by shifting towards gilts and fixed interest and away from equities, data from the Purple Book reveals.
The Pension Protection Fund has recorded a £400m surplus, compared with a £1.2bn deficit the year before, figures published today reveal
The Wedgwood Museum could see its historic collection of antique pottery sold off by the Pension Protection Fund in a bid to pay off a £134m scheme liability, an MP warns.
The aggregate funding position of the 6,653 schemes in the Pension Protection Fund's 7800 index improved to a deficit of £20.4bn at the end of September.
The Pension Protection Fund's proposed levy calculation reforms will bring "stability and predictability" to scheme payments, chief executive Alan Rubenstein says.
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The Royal Mail's taxpayer-guaranteed 38-year recovery plan could leave it in breach of EU competition rules, lawyers say.
The aggregate funding position of the 6,653 schemes in the Pension Protection Fund's 7800 index worsened to a deficit of £53.5bn at the end of August.