Government proposals to enable Pension Protection Fund compensation to be shared in the event of divorce will place administrative strain on the PPF, a consultant says.
Defined benefit pension funds are £0.3bn in surplus for the first time since June 2008, Pension Protection Fund figures reveal.
The shadow pensions minister has said a future Conservative government will not rescue the Pension Protection Fund (PPF) should the compensation scheme fall into hardship, reports The Guardian.
Aggregate scheme funding improved by £60.1bn in December 2009, latest figures from the Pension Protection Fund reveal.
Mike Morrison discusses the issues that individuals need to consider when looking at pension transfers
Former Downing Street pensions' adviser Ros Altmann has lashed out at the Government's commitment to bankers' pensions.
The aggregate funding position - total assets minus total liabilities - of defined benefit schemes improved by over £40bn over the last month, the Pension Protection Fund says.
Financial advisers are well placed to advise corporate clients on ways of improving outcomes for defined benefit schemes at risk of entering the Pension Protection Fund (PPF), according to the Occupational Pensions Trust (OPT).
The amount of compensation the Pension Protection Fund (PPF) pays out each month has increased 66% in the past year to £1.4m, according to figures from the fund.
The defined benefit (DB) pension scheme deficit worsened for the third consecutive month in January, according to the Pension Protection Fund (PPF).