Defined benefit schemes plunged £80bn further into deficit in September leaving more than 80% now with a funding void, according to the Pension Protection Fund.
The Pensions Trust has recovered more than £600,000 on behalf of its defined benefit pension schemes by appealing 11 Pension Protection Fund levy invoices.
GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top 10 most popular stories on www.globalpensions.com over the past seven days.
A change in the way the Pension Protection Fund views contingent assets could significantly increase the levy for some schemes, Eversheds warns.
The Pensions Regulator has launched an investigation into the buy-out of Kidderminster carpet maker Brintons after the firm's pension liabilities were off-loaded to the Pension Protection Fund.
UK - Schemes with liability- driven investment strategies could shave one-third off their Pension Protection Fund levy payments by doing a "bespoke" analysis of investment risk, LCP says.
Schemes with liability- driven investment strategies could shave one-third off their Pension Protection Fund levy payments by doing a "bespoke" analysis of investment risk, LCP says.
Here it is. PP rounds up some of the top stories from the Professional Pensions Show 2011.
UK - The Pension Protection Fund has confirmed the levy estimate for 2012/13 will be £550m ($860m).