PPF

Ros Altmann has called for government to act immediately on a legal technicality in the Pensions Act 2004 which could leave members without Pension Protection Fund cover.

Uniq aims to deliver its deficit for equity swap by the end of March in a move that could see 90% of equity handed to the pension scheme.

The Pensions Bill could remove the need for formal section 143 Pension Protection Fund valuations, a consultant says.

The National Association of Pension Funds fears the Pension Protection Fund's proposed levy approach will penalise schemes for holding equities and reward them for holding gilts.

UK - The aggregate s179 funding position of the 6,560 schemes in the PPF 7800 index is estimated to have improved to a surplus of £21.7bn ($33.7bn) at the end of December.

The aggregate s179 funding position of the 6,560 schemes in the PPF 7800 index is estimated to have improved to a surplus of £21.7bn at the end of December last year.

Independent Trustee Services has strengthened its Pensions Protection Fund specialist team with the recruitment of Susan Barber as trust officer.

UK - The Pension Protection Fund has recruited four new managers alongside its existing manager to develop its globally diversified real estate strategy.

The Pension Protection Fund has recruited four new managers alongside its existing manager to develop its globally diversified real estate strategy.

UK - The Pension Protection Fund has confirmed it aims to collect an overall levy of £600m ($933m) in 2011/12.