PPF's ability to rescue failed schemes is questionable

db pensions

As concerns grow over the ability of the PPF to meet its obligations if an employer scheme becomes insolvent it is worth members considering what other options are open to them

The question of how members of pension schemes can best protect themselves and their investments is one that has occupied many legal and financial minds over the past 10 years. The establishment of the Pensions Protection Fund (PPF) in April 2005 was hailed by many as a solution. But, increasingly, doubts are emerging over its ability to bail out large failed schemes. In those circumstances, members of defined benefit pension schemes may be aiming to take additional steps to protect themselves. Whether that will be possible is another question entirely. First, however, it is necessary to...