PPF assessment speeding up means changes to ISDAs

Following changes to the law earlier this year, it should be quicker for some pension schemes whose sponsoring employers have gone insolvent to go through their Pension Protection Fund (PPF) assessment period.� This is to be welcomed, but the wording of the derivative contracts which some trustees enter into with banks (known as ISDA contracts) [...]

Source: http://www.pensionstalk.co.uk/derivatives/ppf-assessment-speeding-up-means-changes-to-isdas/?utm_source=rss&utm_medium=rss&utm_campaign=ppf-assessment-speeding-up-means-changes-to-isdas

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