PPF to reveal long-term pension funding strategy

Due to fears that by 2030 there will be so few employers with a defined benefit scheme they will have to pay disproportionately large levies into the fund, the PPF has been forced to create a new strategy, the Financial Times reports. "There is the idea that one day there will only be one or two large schemes in the UK and they will have to pay the levy for everybody," says PPF CEO Alan Rubenstein. "As the levy shrinks, we want to demonstrate that we have a plan in place to be able to pay benefits to all claimants." The PPF was established in 2005 after several high-profile pension sc...