John Cotter, director of the Centre for Financial Markets at UCD, spends his day collaborating with students, academics and industry professionals, with the aim of developing business education and research in Ireland. He is currently working on a study looking at the attempts to solve the crises in UK defined benefit pensions schemes. The findings suggest that the Pension Protection Fund (PPF) introduced by UK government following the Pensions Act 2004 will exacerbate the crises rather than reduce it.