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Tag Archives: ppf
Cumbo calls into question pension transparency.
Case study – the pertinent question on DB funding. For this story, I spoke to an 86yr-old who worries everyday about how his wife, 9 yrs younger, will cope financially if he dies before her. He receives NO inflation rises … Continue reading
Posted in pensions
Tagged DB Funding Code, Hatton, Jane Hatton, jo cumbo, Pensions, ppf, USS
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Pension indexation for DB schemes (intact or in the PPF)
The FT has picked up on the “missing” indexation on defined benefits earned before April 1997. These aren’t being paid to 83,000 members of the PPF but nor are they being paid to the members of many occupational DB schemes … Continue reading
The PPF’s 11 defined benefit pension need-to-knows
This is the third and final of the PPF’s blogs devoted to explaining pensions to its membership. I hope that readers find them refreshing and that there are good things in them which they can use for themselves, their clients … Continue reading
Get retirement ready with the PPF and you’re over 40
Yesterday, I published the PPF’s how to get retirement ready in your 20s, 30s and early 40s. Today they compile a list of seven things you should think about as you approach the end of your career. Even if you … Continue reading
Posted in pensions
Tagged dc pensions, Defined benefit pension plan, Employment, mature, pension, Pensions, ppf, retirement ready
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Can Stephen Timms cut the Gordian Knot and unbind FAS pensions?
Stephen Timms , chair of the Work and Pensions Committee, has written to pensions minister Guy Opperman asking for clarity over the compensation cap placed on the Financial Assistance Scheme. Last year the Court of Appeal ruled that the cap … Continue reading
2022 action plan for pensions
2022 has dawned rosy! There is optimism that the worst of the pandemic is behind us. Cases are at an all time high but we are building immunity through vaccinations Though many will find it harder to save as real … Continue reading
Time to deploy the PPF as a force for social good?
This blog looks at how , following the closure of its charitable sponsor, another pension scheme is leaving the PPF and improving benefits for its members. The blog looks at the social cost of the Charity’s closure and asks … Continue reading
The Old British Steel Pension Scheme is back from the dead!
This blog is about a minority of British Steel Pension Scheme members who either chose not to move to the new schemes or transfer benefits , or who made no decision and ended up in a scheme, heading for the … Continue reading
Steel men had “time to choose”, the FCA has “time to change”.
It is four years since the British Steelworkers were given their time to choose between seeing their pension paid by the PPF or by a newly constituted pension scheme now called New BSPS. But this decision was overshadowed by a … Continue reading
Sharon Bowles has thrown the Minister a lifeline, he should grab it with both hands.
The DWP is in an awkward spot over the funding of defined benefit pensions. The 130 responses to its regulator’s consultation paper are likely to be making uncomfortable reading to those scrutinizing them in Brighton and the Pensions Minister … Continue reading
