Press releases

Pension Protection Fund, Unisuper and APG acquire Forico and Tasmania’s largest hardwood estate

The PPF, UniSuper and APG Asset Management have announced the acquisition of Forico and a 170,000-hectare plantation forestry estate in Tasmania, from a New Forests managed fund.

PPF launches Trustmark badge for panel firms

The Pension Protection Fund (PPF) has today launched a new Trustmark initiative which will provide its panel firms with a badge that recognises their expertise and high level of service supporting defined benefit pension schemes in relation to the PPF’s assessment process.   

PPF proposes £100m levy for 2024/25

The Pension Protection Fund has today announced in its 2024/25 levy consultation that it expects to collect £100m in levy next year, further reducing the levy by half compared with the 2023/24 estimate.

PPF well placed to run a Public Sector Consolidator

The Pension Protection Fund (PPF) has today published its response to the Department for Work and Pensions’ (DWP) call for evidence on Options for Defined Benefit (DB) Schemes.

PPF publishes third TCFD report

The Pension Protection Fund (PPF) has today published its third annual Climate Change report

Shalin Bhagwan has joined the PPF as Chief Actuary

The PPF is pleased to announce that Shalin Bhagwan has joined the organisation as Chief Actuary.

PPF Chair commits to expand sustainability drive with new strategy

New strategy outlines four sustainability goals across Responsible Investment, Diversity & Inclusion, community impact, and operations and supply chains. 

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 confirms significant reduction in levy

PPF confirms significant reduction in levy following widespread support for consultation proposals on rules for 2023/24

PPF to significantly reduce levy as funding strategy review concludes

Schemes encouraged to use savings to strengthen scheme position.

PPF publishes strategic plan for next three years

The Pension Protection Fund (PPF) has today published its Strategic Plan 2022 – 2025, setting out its vision for the next three years, and building on the strong foundations already established.

PPF confirms levy determination for 2022/23

The PPF confirms levy rules for 2022/23 as set out in September’s consultation including continuation of measures to support schemes and employers through the pandemic