Pension Protection Fund vows to boost UK investment if allowed to grow

Q: How long will it take to read this news story?

The story "Pension Protection Fund vows to boost UK investment if allowed to grow" has 740 words across 24 sentences, which will take approximately 4 - 7 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Pension Protection Fund vows to boost UK investment if allowed to grow" was covered 1 days ago by Financial Times, a news publisher based in United States.

Q: How trustworthy is 'Financial Times' news outlet?

Financial Times is a fully independent (privately-owned) news outlet established in 1888 that covers mostly markets, finance, and investing news. The outlet is headquartered in United States and publishes an average of 13 news stories per day. It's most recent story was published 8 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #27505755</li><li>URL: https://beamstart.com/news/pension-protection-fund-vows-to-17434806762554</li></ul>

Financial Times 1d ago

Pension Protection Fund vows to boost UK investment if allowed to grow - Financial Times

Quick Summary:

For schemes with a weak covenant group — meaning the corporate sponsor’s ability to pay pensions appears vulnerable — this rose to 800 schemes with £80bn in total assets.

Pension Protection Fund chief Michelle Ostermann, left, and chair Kate Jones.

Kate Jones, chair of the PPF, said now was the time to “revisit the compensation levels paid” as the fund was in a “financially different position” than it was when it was set up 20 years ago, but she added it was never intended to provide full benefits.