Defined benefit (DB) scheme deficits are down £51.2bn despite falling assets, research from the Pension Protection Fund (PPF) shows.
The UK Coal pension scheme has entered the Pension Protection Fund (PPF) as part of a deal to save its sponsoring employer from insolvency.
Preparing for and regulating auto-enrolment (AE) has cost The Pensions Regulator £19.7m, its 2012-13 accounts reveal.
Changes to the Pension Protection Fund (PPF) compensation cap could increase the total levy paid by schemes by almost £140m according to a government impact assessment.
The Pension Protection Fund (PPF) is braced to take on the UK Coal pension scheme as its sponsoring employer is poised to file for insolvency.
Just under half of respondents supported the idea of more schemes being allowed to run on after a sponsor enters insolvency. A quarter of contributors rejected the suggestion.
Outgoing PPF head of restructuring Richard Favier talks about the deals he negotiated
Jack Jones looks at the angry reaction to changes to the cap on PPF benefits
The government has confirmed the cap on compensation paid by the Pension Protection Fund (PPF) will be adjusted to give more money to long-serving employees with large pension pots.