PPF

The Pensions Regulator is appealing a court decision to stop its attempts to seek £2.1bn from Nortel Networks on behalf of the struggling UK pension scheme.

Seven more schemes entered the Pension Protection Fund in February, providing 2,535 people in the UK with present or future compensation.

Emma Dunkley talks to key personnel at The Pensions Regulator following a series of governance and administration workshops focusing on internal controls and record keeping

The Pension Protection Fund will diversify its assets to gain better returns while maintaining the same level of risk, the lifeboat fund says.

UK - The Pension Protection Fund (PPF) will diversify its assets to gain better returns while maintaining the same level of risk, the lifeboat fund said.

The aggregate funding position of the 7400 defined benefit funds monitored by the Pension Protection Fund improved to a deficit of £15.1bn in February.

UK/GLOBAL - The aggregate funding position of the 7400 defined benefit funds monitored by the Pension Protection Fund improved to a deficit of £15.1bn (US$22.6bn) in February.

The government should tackle the Pension Protection Fund's £1.2bn deficit by halting automatic increases in compensation payments, a consultant says.

Visteon pensioners will protest outside the Houses of Parliament at the end of the month over claims former parent company Ford broke promises to protect their pensions.

UK - Courts in Canada and the US have blocked The Pensions Regulator's attempts to seek £2.1bn (US$3.13bn) from Nortel Networks on behalf of the struggling UK pension scheme.