A week ago I started running through the top ten issues our clients were looking at at the moment. So were you able to predict what the next five are? Here goes…..
Archive for the ‘Pension Protection Fund’ Category
Top ten pensions issues: are you keeping up with the Joneses?
Tuesday, 27 April 2010The PPF, onerous terms and ISDAs: from hedgehogs to elephants
Friday, 26 March 2010Last October, Chris Jackson posted on this blog about how the PPF’s power to disclaim onerous terms was concerning some banks which held derivative contracts with pension scheme trustees (see link). The PPF has taken some welcome steps to address these concerns. But are we ignoring an elephant in the room?
The PPF: no pain, no gain?
Friday, 29 January 2010The festive season is behind us, spring is on the way, and here we are in the gap between the two: it must be Pension Protection Fund levy season. This is the time of year when sponsors of defined benefit schemes are busy thinking about their upcoming levy bills, and what they can do to keep them as low as possible.
Hedgehogs, ISDAs and the PPF
Friday, 23 October 2009After recent press articles showing cute photos of pygmy hedgehogs, a number of people are trying to persuade me to buy some of them.
I’m still making up my mind on that, but back in the world of work there is only one type of hedge which is hogging my time, and that is when trustees decide to hedge some of their pension liabilities using swaps.
