The number of defined benefit (DB) schemes eligible for the Pension Protection Fund (PPF) has this year fallen by 2,000 to an estimated 7,800, according to the PPF's and the Pensions Regulator's second Purple Book.
The regulator cites the two most common reasons for the fall as its scheme return register incorrectly describing schemes as DB and the regulator finding schemes had begun or completed wind-up before the PPF’s commencement in 2005. The Purple Book includes the latest data and analysis of areas such as scheme size, industry type, funding levels, insolvency rates and the way schemes invest assets. This year’s addition contains added information about the number and size of claims on the PPF, a breakdown of levy payments eligible schemes have made and the number of people receiving PPF pr...
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