The aggregate deficit of the Pension Protection Fund 7800 Index shrank from £109.0bn to £118.2bn last month according to figures released by the lifeboat fund.
Regulatory amendments drawn up to protect the benefits of UK workers whose overseas employers go bust have been drawn too narrowly to help in future cases, lawyers warn.
Labour’s Gregg McClymont says unwinding the UK pension system would be a big risk
Trustees who do not do enough to squeeze the fees charged by advisers are not fulfilling their fiduciary duty, says the former Pension Protection Fund (PPF) head of restructuring.
Ex-PPF man Richard Favier says too many trustees are sitting on their hands when they need to act
The deficit of schemes in the Pension Protection Fund (PPF) 7800 Index increased from £112.3bn to £118.2bn in May.
Deficits in FTSE350 pension schemes are at the lowest levels compared to the financial strength of their sponsors since before the last recession, according to PwC.
Respondents to PP research were divided over whether the Pension Protection Fund (PPF) had succeeded in keeping its annual levy stable and predictable.
Jack Jones looks at the latest alterations to the way levies are calculated
PPF chief policy advisor Chris Collins explains the key proposals made in the levy consultation.