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Comments on Determining the Pension Protection Fund's Equity Benchmark
Blogging Employee Benefits
Oct. 10, 2006
Excerpt: The UK's Pension Protection Fund, which covers insolvent UK pension funds, has published a Statement of Investment Principles that includes a 20% benchmark for equity investment. PPF's restriction of equity investment echoes that of the PBGC during recent years, reflecting the goal of minimizing mismatch between assets and liabilities for the fixed annuities under trusteed pension plans.
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