PPF

Pension Protection Fund chief executive Alan Rubenstein speaks to Jonathan Stapleton about the lifeboat fund's annual report, its investment strategy and the risks it faces in the future

Move to protect pensions of high earners blocked; Two drop bids to run pension plan

UK - The High Court has ruled trustees cannot rely on the safety net afforded by the Pension Protection Fund when taking decisions.

The aggregate funding position of the 7400 defined benefit funds monitored by the Pension Protection Fund improved to a deficit of £97.6bn this month.

UK - The Pension Protection Fund has published proposals for the 2011/12 pension protection levy year in a bid to improve the way it assesses the insolvency risk for sponsoring employers of pension schemes that pay the levy.

The Pension Protection Fund has published proposals for the 2011/12 pension protection levy year in a bid to improve the way it assesses the insolvency risk for sponsoring employers of pension schemes that pay the levy.

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.