The Board and employees of the PPF are saddened to learn of the death of His Royal Highness, The Prince Philip, Duke of Edinburgh earlier today.
We offer our sincere condolences to Her Majesty The Queen and The Royal Family.
It's our duty to protect people with a defined benefit pension when an employer becomes insolvent. We manage £36 billion of assets for our 276,000 members.
When the sponsoring employer of a scheme becomes insolvent, insolvency practitioners need to submit an s120 within 14 days.
Every year we publish the pensions universe risk profile - the most comprehensive data and analysis of the UK defined benefit pension landscape.