Corporate defined benefit schemes have seen an improvement in funding levels since 2019 thanks to rising gilt yields ...
The U.K.’s Pension Protection Fund, London is looking to maintain its annual levy at £100 million ($131 million) for the 2025/26 financial year, holding steady at its lowest amount. Paid by all ...
On Tuesday, the UK’s Pension Protection Fund (PPF) confirmed it would end its levy in 2025–26, freeing up £45 million, equal to about $60 million, for schemes this year. The lifeboat fund added that ...
A pensions lifeboat scheme has announced it will not impose a levy on pension providers this year, delivering £45million in savings across 5,000 defined benefit (DB) pension schemes. The Pension ...
The total surplus of U.K. corporate pension funds covered by the Pension Protection Fund 7800 index increased 0.6% to £458.3 billion ($570.5 billion) at the end of April, coupled with an increase in ...
Defined benefit (DB) pension schemes are up in arms after being hit with an unexpected bill totalling more than £15m related to the Pension Protection Fund – despite pledges from the government to ...
The Pension Protection Fund (PPF) should grant defined benefit (DB) pension schemes a full underpin of all benefits in order to help free up surplus assets, according to a new report. The Social ...
LONDON, Jan 30 (Reuters) - Britain is considering proposals to reduce the amount that pension schemes have to pay into an industry-wide bailout fund, the government said on Thursday, as it searches ...