After hunting, pensions - papers 1 November

LibDems and Tories have united in opposing the proposal staff and managers of the Pension Protection Fund receive risk-free final salary schemes. The PPF is not guaranteed by the government, but is supposed to cover the costs of paying out pensions to workers in final salary schemes that go bust. The Times says the PPF stance comes because opposition parties believe it is hypocritical to offer Civil Service-style pensions when it refuses to fund the PPF in the first place. “The PPF staff should understand the risks of their customers. Their pension arrangements should be contributor...