PPF

The aggregate defined benefit (DB) funding level worsened in March, hitting its worst level since last August, the Pension Protection Fund (PPF) has said.

The combined deficit of FTSE 350 defined benefit (DB) schemes fell to £72bn in the first quarter of 2018, according to Mercer's pensions risk survey.

The combined deficit of the UK's defined benefit (DB) pension schemes rose by 25% to £131bn on an accounting basis during March, JLT Employee Benefits analysis has revealed.

Steelworkers are set to receive their first payments today from the new British Steel Pension Scheme (BSPS), which is now in full operation for over 80,000 employees.

The Nortel Networks UK Pension Scheme will boost benefits for members and leave Pension Protection Fund (PPF) assessment, nine years after the collapse of the US-based telecommunications company.

Defined benefit (DB) schemes could have an aggregate surplus by 2021 under Pension Protection Fund (PPF) projections, its strategic plan for 2018 to 2021 reveals.

Defined benefit (DB) schemes are to be offered a new consolidator as the former chief of the Pension Protection Fund (PPF) launches 'The Pension SuperFund'.

The initial funding level test criterion for the new British Steel Pension Scheme (BSPS) have been "comfortably met", according to the trustee.

Defined benefit (DB) schemes saw a £21.1bn growth in their funding shortfall last month as both gilt yields and equities suffered falls, according to the Pension Protection Fund (PPF).

Head of investment strategy Ian Scott speaks to James Phillips about the fund's insourcing programme, how it manages risk exposure, and how claims impact its strategy.