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Hope for MG Rover members

Members of two of the MG Rover pension schemes looked set to receive a boost in mid-July as the schemes' independent trustee confirmed that both schemes were close to entering the Pension Protection Fund (PPF) assessment period. Chris Martin, managing director of Independent Trustee Services, acting for the schemes, confirmed that the few remaining hurdles to entry were being overcome, and that he expected entry to the PPF to take place within weeks rather than months.