PPF

Independent financial advice is an "essential step" for pension trustees when negotiating deficit recovery plans, or in the event of acquisitions or disposals by a sponsoring employer, says Paul Thornton.

The Pension Protection fund has confirmed the levy estimate for the year 2007/08 will be £675m.

The government has announced Paul Thornton, managing director of Gazelle Corporate Finance, will lead its external review of organisations involved in the regulation and protection of workplace pensions.

Demand for £1m-plus mortgages has soared on the back of the bumper City bonuses paid out this year, according to a report in today's Financial Times, says the Guardian .

Joint analysis on the risk profile of defined benefit schemes reveals 43% of DB members are still in an open scheme.

The first bust company pension schemes to be bailed out under the recently-formed Pension Protection Fund were named today, says the Daily Telegraph .

The Pension Protection Fund has updated its investment strategy to include the use of derivatives.

The Pension Protection Fund has persuaded the government to change the regulations to make it easier for scheme actuaries to complete section 179 and section 143 valuations.

The Pension Protection Fund is proposing limited changes to the way the levy is distributed between eligible schemes.

The cost of running the Pensions Regulator over the next year is estimated to be almost £28m.