Corporate Moves
Britain’s Pension Protection Fund Names Risk Officer, Head of ESG
New CRO comes off of an eight month career break following 21 years at insurer.
Tag: Pension Protection Fund
UK Pension Funding Level Rises 2% in April to 95.1%
Aggregate funded level of 5,588 pensions increased 5.6% over the past 12 months.
UK Pension Protection Fund Cap Unlawful, Says Advocate General
A final decision will now be decided on by the European Court of Justice.
UK Corporate DB Plans’ Deficit Soars 60% in March
Despite the sharp rise, the aggregate deficit is down 29% from 2017.
UK Pension Deficits Widen in December
Despite monthly increase, deficit is 54% lower than previous year.
Research
Funded Level for UK Pensions Tops 90% in September
Aggregate deficit declines by £62.4 billion.
Pension Protection Fund Lowers Levy by 10%
Lifeboat fund reduces levy estimate for 2018-19 to £550 million from £615 million.
UK Defined Benefit Plans’ Deficit Shrinks
Reports from Pension Protection Fund and Mercer show improved DB funding.
UK’s PPF Reports Strong Annual Results
Assets increased by £5.3 billion, as funding ratio rises to 121.6%.
Newsmakers
UK Pension Safety Net to Expand to £32 billion
Pension Protection Fund raises its asset, membership projections for the next three years.