Pension Protection Fund

The Pension Protection Fund has hired seven global equity managers to expand its existing manager structure.

The "vast majority" of schemes will pay more levy under rules laid down by the Pension Protection Fund last week, the National Association of Pension Funds says.

Members of the small Television South West Pension Scheme have been arguing with the powers that be in the hope they would apply a little lateral thinking to its £228,000 Pension Protection levy bill problem. But to no avail.

The Pension Protection Fund took on three more schemes last month resulting in an additional 275 people becoming eligible for compensation from the fund.

UK - The aggregate funding position of the 7400 defined benefit funds monitored by the Pension Protection Fund (PPF) improved to a deficit of £92.5bn (US$150.7bn) in November.

The aggregate funding position of the 7400 defined benefit funds monitored by the Pension Protection Fund improved to a deficit of £92.5bn in November.

Charity pension schemes could reap substantial savings on their Pension Protection Fund levy after the lifeboat fund changed how it collects financial information, the Pensions Trust says.

Jean-Baptiste Colbert - the French minister of finance under King Louis XIV - is said to have observed "the art of taxation consists in so plucking the goose as to obtain the largest amount of feathers with the least possible amount of hissing".

UK - The Pension Protection Fund is expected to be fully funded by 2014, its chief executive Alan Rubenstein said.

The Pension Protection Fund is expected to be fully funded by 2014, its chief executive Alan Rubenstein says.