The Pension Protection Fund (PPF) has set up a panel of actuarial firms to help carry out section 143 (s143) valuations for pension schemes in assessment.
Five actuarial firms have been selected to work with the PPF to help get other schemes, through the PPF assessment period more quickly....
The Pension Protection Fund (PPF) has taken another 30 schemes under its wing, resulting in a further 12,485 members around the UK now receiving compensation – or will do so in the future.
Among the schemes to transfer were: Golden Wonder Pension Scheme (1,429 members); Allied Carpets PLC...
The government should address a major flaw in the Pension Protection Fund after it emerged that some schemes may not be covered, says Fraser Sparks, partner at law firm, Squire Sanders Hammonds.
The Pension Protection Fund was set up in 2004 in order to provide protection for members of UK...
The Pension Protection Fund’s (PPF’s) proposals for a new formula which will be used for calculating the pension protection levy from 2012/13 onwards have been broadly welcomed by the industry.
PPF chief executive, Alan Rubenstein, said: “With these proposals, we aim to have a...
