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PPF proposes bespoke S143 valuation assumption for smaller schemes

The Pension Protection Fund (PPF) has today launched a consultation on proposed changes to the assumptions it uses for certain valuations which provide an estimated price for securing PPF benefits with bulk annuity providers in the buyout market.  

How we’re funded

We raise the money we need to pay compensation to current and future PPF members, as well as for the costs of running the PPF, in four ways. 

How we manage risk

Our leadership team are focused on governance, managing risk and making sure we’re accountable.

Data protection

Our members’, levy payers’ and employees’ data are of paramount importance to us. So we invest heavily in data protection.

Our Whistleblowing Policy

We’re committed to the highest possible standards of openness, integrity and accountability and encourage all colleagues to ‘blow the whistle’ on any wrongdoing without fear of reprisal or victimisation.

PPF focuses on building the diversity of its leadership pipeline as it publishes seventh Diversity Pay Gap Report

The Pension Protection Fund  has today released its seventh Diversity Pay Gap report, restating its commitment to creating an inclusive workplace and continuing to make significant improvements to the diversity of its senior management. 

An overview of our diversity pay gap report

Today we’ve published our sixth annual Diversity Pay Gap report. We’re sharing the main results of the report, alongside some reflections from our Chief People Officer, Katherine Easter.

How we’ve been supporting overfunded schemes achieve great outcomes

In this blog, our Chief Customer Officer, Sara Protheroe, shares our experience of working with overfunded schemes that enter the PPF’s assessment period and how we’re helping them to achieve the best possible outcomes for members.

Investment principles and strategy

Find out more about our investment principles

We've published initial views on how a public consolidator could be structured

On 23 February 2024, the Department for Work and Pensions (DWP) published its consultation, ‘Options for DB schemes.' This is a consultation on aspects of private sector Defined Benefit schemes, which seeks stakeholder feedback for the future pensions market.