LGIM top in pension assets; Pension savers need protecting; Pension support for start-ups thin on the ground; Nest sends signal on pension risks; Employers win battle to reform pensions levy
UK - The Pension Protection Fund will use scheme investment risk for the first time to calculate the levy from 2012/13, it announced today.
The Pension Protection Fund will use scheme investment risk for the first time to calculate the levy from 2012/13, it announced today.
The Pension Protection fund will charge the fraud compensation levy for the second consecutive year for 2011/12 after anticipating an increase in future claims.
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An ‘unusual' ruling where the Pension Protection Fund ombudsman upheld part of a trustee board's complaint should not give schemes hope for levy recalculations, LCP says.
UK - The surplus of defined benefit schemes monitored by the Pension Protection Fund slipped from £45.5bn in March to £2.3bn last month.
The surplus of defined benefit schemes monitored by the Pension Protection Fund slipped from £45.5bn in March to £2.3bn last month.
Nearly 200,000 people are waiting for their schemes to be assessed for entry into the Pension Protection Fund, the lifeboat organisation says.
The Pension Protection Fund has updated its valuation assumption guidance for s179 and s143 valuations to better reflect pricing in the bulk annuity market.