TPR boss named

Smith says Hobman’s experience dealing with pensions issues in his current role has been a key deciding factor in the appointment. Hobman faces a stiff test, however, as his new role will consist largely of ensuring the successful introduction of the Pensions Protection Fund, PPF, which is intended to protect members of occupational pension schemes. Government figures as to the true cost of PPF have been disputed by consulting actuaries and others involved in the industry, concerned that financially weak employers will use the fund to offload pension liabilities at the expense of bett...