The aggregate funding deficit of schemes in the PPF 7800 index shot up by 75% in the month of August pushing funding levels below 90%, latest figures show.
The EC's probe into the Postal Services Bill
Trustees of schemes eligible for the Financial Assistance Schemes have been warned off buying missing beneficiary insurance by the Pensions Protection Fund board.
The Pension Protection Fund has begun billing schemes up and down the country for its services once again.
A scheme was made to overpay its Pension Protection Fund levy despite all parties in the case acknowledging the figure was based on incorrect information.
A scheme was forced to overpay its Pension Protection Fund levy despite all parties in the case acknowledging the figure was based on incorrect information.
UK - Trustees of the Morris Ashby Limited Pension Scheme have completed a £38m ($61.1m) buyout deal with Pension Insurance Corporation removing its liabilities from the Pension Protection Fund.
Trustees of the Morris Ashby Limited Pension Scheme have completed a £38m buyout deal with Pension Insurance Corporation removing its liabilities from the Pension Protection Fund.
The alarm over funding position volatility since July could have been avoided if schemes measured liabilities based on inflation rather than gilt yields, an actuary believes.