Press releases

PPF publishes annual diversity pay gap report

The Pension Protection Fund (PPF) has today released its sixth Diversity Pay Gap report which shows the progress it has made in addressing the imbalances in pay across gender and race. This year for the first time the report covers the PPF’s disability and long-term health condition pay gaps.

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. 

PPF confirms significant reduction in levy

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

The Purple Book 2022 published today

The Purple Book confirms further improvement in the funding position of the defined benefit pensions universe.

Progress on ESG risk disclosure, voting and climate focus

Pension Protection Fund reports improvements in ESG risk disclosure, new voting guidelines and increased focus on alignment with climate scenarios in latest Responsible Investment reports. 

PPF to significantly reduce levy as funding strategy review concludes

Schemes encouraged to use savings to strengthen scheme position.

PPF appoints new specialist firm to assessment period panel

The Pension Protection Fund (PPF) has today announced it has appointed Quantum Advisory to its Specialist Administration and Actuarial Services Panel (SAASP).

PPF reports strong financial position in 2021/22 annual report

The Pension Protection Fund (PPF) has today published its 2021/22 Annual Report and Accounts, highlighting its achievements against its 2019-22 strategic priorities and improved financial resilience.

PPF appoints Liz Woolman, technology specialist, as non-executive director

The Pension Protection Fund (PPF) announced today that Liz Woolman has joined its Board as a Non-Executive Director.

PPF launches tender to appoint specialist firm to assessment period panel

The Pension Protection Fund (PPF) has today launched a tender to appoint a new firm to join its Specialist Administration and Actuarial Services Panel (SAASP).

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.