PPF

UK/US - Pensions trade bodies in the UK and US have agreed to share information they believe will help them strengthen defined benefit schemes.

The deficit of the Pension Protection Fund increased to £1.2bn in the 12 months to March, its annual report reveals.

Pensions trade bodies in the UK and US have agreed to share information they believe will help them strengthen defined benefit schemes.

UK - Transport for London has asked the High Court to launch a judicial review into a £9m (US$14.9m) levy it was ordered to pay by the Pension Protection Fund.

Transport for London has asked the High Court to launch a judicial review into a £9m levy it was ordered to pay by the Pension Protection Fund.

Some 92% of defined benefit pension schemes believe sponsor failure is a potential problem for other schemes but not their own, research from HamishWilson reveals.

UK - The Pension Protection Fund has approved a solution to equalising benefits for guaranteed minimum pensions.

The Pension Protection Fund has approved a solution to equalising benefits for guaranteed minimum pensions.

The Pension Protection Fund admitted three more schemes last month, which will result in a further 1054 people receive compensation.

The aggregate funding position of the 7400 defined benefit pension funds monitored by the Pension Protection Fund improved to a deficit of £148.9bn this month.