PPF

A PPF update released today has shown an increase in scheme deficits from June to July this year, with the aggregate balance of schemes falling from -£267bn to -£283bn on the lifeboat funds' 7800 Index.

Trading has been suspended in shares of Dawson International after the firm's scheme actuary served it with "notices of a determination of contributions".

The Pension Protection Fund has launched a specialist administration services panel it says will cut the time schemes spend in its assessment period.

The government could step in and lower the Pension Protection Fund levy to give schemes "breathing space", Mercer has said.

The government must address "artificially high deficit figures" and a potential "significant" hike in Pension Protection Fund levies, the CBI says.

An investor in Dawson International has vented its anger at the Pension Protection Fund after its share price fall almost 10% following the failure to reach an agreement over the company's struggling scheme.

The directors of Dawson International have warned it could be forced into administration after The Pensions Regulator rejected proposals for it to offload its pension scheme.

The Pensions Regulator has released details of its probe into GP Noble Trustees - vowing to take "swift action" to disrupt fraud in the future.

Schemes can expect to see a sharp increase in their Pension Protection Fund levies next year because of continuing low gilt yields, warns a consultant.

Total defined benefit liabilities for UK schemes deflated to £267bn last month after May's record high of £312bn, according to Pension Protection Fund data.