Insolvency

Increasing numbers of DB schemes are struggling to keep their heads above water, warns Francis Fernandes, Lincoln Pensions
The Pensions Regulator (TPR) has confirmed that following a complex investigation it has formally begun enforcement action to seek redress on behalf of the BHS pension schemes and their 20,000...
The aggregate deficit of the 5,945 schemes in the Pension Protection Fund (PPF) 7800 Index has increased over the month to £408bn at the end of July 2016, from a deficit of £383.6bn at the end of...
Shortfalls in UK private sector defined benefit (DB) pension schemes have doubled since 2006, despite employers making contributions worth £160bn, according to research from JLT Employee Benefits....
Up to 1,000 defined benefit schemes are at ‘serious’ risk of falling into the Pension Protection Fund (PPF) according to a new report from the Pensions Institute, part of Cass Business School. It...
The Pension Protection Fund (PPF) today (Tuesday) reported a £1.8bn surplus at the end of 2012/13 and said that the probability of meeting its long-term funding target has increased to 87%. These...
The aggregate deficit of the 6,316 schemes in the Pension Protection Fund (PPF) 7800 index has decreased slightly over the month to £112.4bn at the end of August 2013, from a deficit of £115.7bn at...
The Pension Protection Fund (PPF) stated today that it would leave the rules for the levy unchanged for the 2014/15 levy year. 2014/15 will be the third year of the new levy framework and the PPF...
The UK Kodak Pension Plan has completed its acquisition of the Kodak Personalized Imaging and Document Imaging business from Eastman Kodak Company, creating a new company, Kodak Alaris. Law firm...
One of the UK’s most senior judges has delivered a ruling which establishes certainty for members of underfunded pension schemes affected by insolvency. The trustee of the pension scheme connected to...