Pension Protection Fund: Difference between revisions

Pension Protection Fund (view source)

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	The fund which protects UK Pension ~~schemes~~ in the event of their insolvency. Of particular interest where a UK Pension Fund is party to an {{isdama}}, because the PPF has wide discretionary powers to set aside contracts it doesn't like.		The fund which protects UK [[Pension Scheme]]s in the event of their insolvency. Of particular interest where a UK [[Pension Fund]] is party to an {{isdama}}, because the PPF has wide discretionary powers to set aside contracts it doesn't like.

	As a result much discussion around an {{isdaprov\|Additional Termination Event}} specifically targeted at UK Pension Funds. See, for example, the [http://www.pensionprotectionfund.org.uk/DocumentLibrary/Documents/onerous_contracts_response.pdf PPF's proposal] for a {{isdaprov\|PPF Event}} {{isdaprov\|ATE}}.		As a result much discussion around an {{isdaprov\|Additional Termination Event}} specifically targeted at UK Pension Funds. See, for example, the [http://www.pensionprotectionfund.org.uk/DocumentLibrary/Documents/onerous_contracts_response.pdf PPF's proposal] for a {{isdaprov\|PPF Event}} {{isdaprov\|ATE}}.