The combined deficit of the UK's 5,588 private sector defined benefit (DB) schemes was £85.6bn at the end of June, according to the Pension Protection Fund (PPF).
Richard Favier says the process for regulated apportionment agreements is complex, lengthy, expensive, but there is a solution
The Department for Work and Pensions (DWP) has launched a consultation to clarify how the Pension Protection Fund (PPF) should treat transferred-in defined benefit (DB) entitlements when calculating compensation.
In this week's Pensions Buzz, we wanted to know whether defined benefit (DB) schemes with recovery plans over 10 years should have to explain, and if the regulator should create a pool of 'super trustees' that can be parachuted into schemes to fix problems...
The Pension Protection Fund (PPF) has published its first official guidance on how it expects companies seeking company voluntary arrangements (CVAs) to set out their proposals.
Rallying growth assets may have enabled defined benefit (DB) schemes to reach fully-funded on a section 179 basis in the first half of May, according to BlackRock.
House of Fraser's defined benefit (DB) scheme has not been automatically placed into Pension Protection Fund (PPF) assessment despite restructuring plans, PP can confirm.
Defined benefit (DB) consolidation vehicles may be subject to a special levy if they are deemed eligible for the Pension Protection Fund (PPF) in the event of a failure.
Publishing house Johnston Press is seeking a regulated apportionment agreement (RAA) to detach its pension scheme ahead of a company-wide restructure, according to reports.
Mothercare's defined benefit (DB) schemes have exited Pension Protection Fund (PPF) assessment after the struggling children's retailer's shareholders approved restructuring plans.