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PPF

Investment

Employees must 'opt out' of schemes, not 'in' - Johnson

Employees will be required to opt-out of company pensions schemes, rather than opt in, the Secretary of State for Work and Pensions has just confirmed.

clock 02 November 2004 •

Investment

Work needed to build confidence in PPF - research

Government officials have a major confidence-building exercise to perform to build faith in the proposed Pension Protection Fund, suggests Scottish Equitable research.

clock 13 August 2004 •

Investment

65,000 affected by scheme wind-ups - DWP research

Around 65,000 pension scheme members have already suffered extensive losses following their schemes being wound-up by insolvent employers, reveals new findings by the Department for Work and Pensions.

clock 01 July 2004 •

Investment

PPF chair elected

Chief executive of Zurich Financial Services Lawrence Churchill is to become the first chairman of the Pensions Protection Fund, Secretary of State for Work and Pensions Andrew Smith MP revealed last week.

clock 17 May 2004 •

Investment

Smith says PPF will ensure pensions security

Secretary of State for Work and Pensions Andrew Smith MP yesterday said the Pensions Protection Fund will ensure people's savings are "secure" if their company goes bust, contrary to previous government announcement admitting it will not offer any guarantees....

clock 14 May 2004 •

uncategorised

DWP moves to stop restructured firms "dumping" pensions

A new package of measures have been unveiled by the Department for Work and Pensions giving the pension regulator greater powers to prevent employers from dumping their liabilities in the Pension Protection Fund.

clock 28 April 2004 •

Investment

Employers likely to 'abuse' PPF warns pensions expert

Some UK employers are already preparing to take advantage of the proposed Pension Protection Fund by winding up schemes as soon as it comes into force next April, warns Stewart Ritchie.

clock 25 March 2004 •

Investment

Bee warns PPF cost could add to 'timetable headache'

Employers might not find out how much they will be paying for the Pension Protection Fund until five days before the scheme will come into effect, warns Steve Bee.

clock 13 February 2004 •

Investment

Proactive windups vs. PPF in Bill

The cost to employers has so far been the main caveate applied to views on the Pensions Protection Fund, but a closer inspection of the powers of the new pensions regulator, taking over after OPRA, reveals there may be other issues to consider.

clock 13 February 2004 •

Investment

Weak employers could still avoid PPF risk levy

Government proposals to charge employers a risk-based fee when introducing the Pension Protection Fund could open loopholes for weaker companies who want to avoid the extra levy, according to industry experts.

clock 12 February 2004 •
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