PPF

US/UK - The trustee of the Visteon UK Pension Plan and the Pension Protection Fund are withdrawing a US$550m (£350m) claim against Visteon Corporation.

The trustee of the Visteon UK Pension Plan and the Pension Protection Fund are withdrawing a US$550m (£350m) claim against Visteon Corporation.

The defined contribution assets of a scheme in the Pension Protection Fund assessment period have been transferred to the Spinnaker Master Trust.

Gary Delderfield of Eversheds looks at the difficult legal issues involved with the insolvencies of private contractors for local authorities, with regards to the pension rights of their employees

The aggregate funding position of the 7400 defined benefit pension schemes monitored by the Pension Protection Fund worsened to a deficit of £2.2bn last month.

The funding position for private sector defined benefit schemes is £95bn worse off than this time last year, according to Pension Capital Strategies.

ITALY - The speaker for Italian members of Parliament Gianfranco Fini has called for the creation of a pension safety net for corporate and multiemployer schemes to encourage membership into second pillar pensions.

The last time I submitted a report for Professional Pensions it was on the issue of fixed income, and the fact a dyedin- the-wool bond man I knew said he would advocate that any pension fund in serious deficit should put everything into equities, as the...

The department for work and pensions' proposals to enable Pension Protection Fund compensation to be shared in the event of divorce will place administrative strain on the PPF, a consultant says.

The Pension Protection Fund and Visteon UK scheme trustees have filed a $550m (£350m) claim against US Visteon Corporation to recover money for the fund.