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.
Pension Protection Fund chief executive Alan Rubenstein speaks to Jonathan Stapleton about the lifeboat fund's annual report, its investment strategy and the risks it faces in the future
Move to protect pensions of high earners blocked; Two drop bids to run pension plan
The Pension Protection Fund has published proposals for the 2011/12 pension protection levy year in a bid to improve the way it assesses the insolvency risk for sponsoring employers of pension schemes that pay the levy.