New PPF chief to encourage use of swaps - papers 15th June

According to the paper, Partha Dasgupta, who was named yesterday as chief executive of the PPF, is discussing with the International Swaps and Derivatives Association (Isda) the possibility of standardising some instruments so they could be easily used by companies to cut their PPF levies. In his first interview in his new role, Dasgupta, who was previously the PPF’s chief investment officer, told The Times the development of innovative pensions solutions would be one of his three key focuses as chief executive. The PPF already allows companies to use “contingent assets” such as parenta...