The UK Pensions Act 2004 has turned the defined benefit pension promise into a pension guarantee and has established the Pension Protection Fund (PPF) in order to secure this guarantee where a company becomes insolvent and the scheme is underfunded. The Act has greatly upset corporate pension...

quot;Pyrrhic Victory? The unintended consequences of the Pensions Act 2004quot; is the first independent study of its kind on the early impact and unintended consequences of the Pensions Act 2004. The report warns that the government may win its battle with employers to ensure they pay employees...

In this article we present evidence from a series of focus groups where pensions issues were discussed with the employees of a listed distribution company. The focus group format allows us to explore the employees' views in detail and to present their thoughts in their own words. Perhaps...

"The UK's 2004 Pensions Act is a far-reaching piece of legislation, with significant implications for the occupational pensions marketplace. The Act is intended to improve the governance of pension schemes and increase the security of the members' accrued benefits. However, our research suggests...