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What are deficit reduction contributions?
Deficit reduction contributions are extra payments you can make to reduce the shortfall of funding in a pension scheme. These could form part of a recovery plan, or be additional to that.The DWP's review of PPF published
A range of industry stakeholders were also interviewed as part of the review, including trade bodies, schemes, experts, and government officials, ensuring a wide range of perspectives and opinions were considered.David Atkinson joins PPF board as Non-Executive Director
PPF Chair, Kate Jones said: “I’m delighted that David has joined our Board, bringing his extensive finance and risk management expertise, gained in both his executive and non-executive careers, to support our journey as we approach the next phase of our strategic plan and embrace the recommendations of DWP’s recent review.”PPF proposes updates to valuation assumptions for buyout
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 bulk annuity providers in the buyout market.Insolvency risk scores
Use our portal to check the insolvency risk scores used to calculate your levy invoice.Is your scheme eligible?
Almost all defined benefit occupational pension schemes, and schemes that have defined benefit elements, are eligible.PPF confirms significant reduction in levy
PPF confirms significant reduction in levy following widespread support for consultation proposals on rules for 2023/24We’ve published our levy rules for 2023/24
Our consultation setting out our plans for the 2023/24 levy rules closed on 10 November. Today we’ve published our policy statement with the formal levy rules.How we set the levy rules
The framework for the levy rules is set out in legislation (Pensions Act 2004). We review and consult on how we apply these rules each year.
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