Press releases

PPF appoints Mike Ridley as Head of Restructuring and launches new guidance

The newly created role of Head of Restructuring marks an addition to the PPF’s in-house team which has played a leading role in many of the UK’s most high profile pension restructuring deals and insolvency events in recent years.

PPF reports strong investment performance in 2018/19

Despite significant market volatility, the PPF's investment return in the year to 31 March 2019 was 5.2 per cent and its assets under management grew from £30 billion to £32 billion.

PPF 7800 index – June 2019

The aggregate deficit of the 5,450 schemes in the PPF 7800 Index is estimated to have increased over the month to £69.9 billion at the end of May 2019, from a deficit of £6.4 billion at the end of April 2019.

Comment on Arcadia Group Limited CVA vote

Oliver Morley, Chief Executive of the PPF said: “We’ve been working hard with the Pensions Regulator and scheme trustees to ensure that Arcadia increases the funding of the pension schemes to a level that will provide for the members and protect the PPF. 

PPF 7800 index - May 2019

The aggregate deficit of the 5,450 schemes in the PPF 7800 Index is estimated to have decreased over the month to £6.4 billion at the end of April 2019, from a deficit of £43.9 billion at the end of March 2019.

PPF publishes strategy for next three years

The Strategic Plan outlines how the PPF will continue to protect its members amid a volatile market whilst setting new standards

PPF 7800 index - April 2019

The aggregate deficit of the 5,450 schemes in the PPF 7800 Index is estimated to have increased over the month to £43.9 billion at the end of March 2019, from a deficit of £8.6 billion at the end of February 2019.

PPF employees raise £10,000 for Mind in Croydon

Staff from the Pension Protection Fund (PPF) presented local mental health charity Mind in Croydon with a cheque for £10,000 today – the result of employees’ fundraising over the last 12 months.

PPF 7800 Index - March 2019

The aggregate deficit of the 5,450 schemes in the PPF 7800 Index is estimated to have decreased over the month to £8.6 billion at the end of February 2019, from a deficit of £23.1 billion at the end of January 2019.

PPF 7800 index - February 2019

The aggregate deficit of the 5,450 schemes in the PPF 7800 Index is estimated to have decreased over the month to £23.1 billion at the end of January 2019, from a deficit of £31.9 billion at the end of December 2018.

Pension Protection Fund publishes 2018 Gender Pay Gap report

At 31 March 2018 the PPF’s median gender pay gap stood at 17.2 per cent, a drop of three percentage points from last year (20.4 per cent in 2017). The mean pay gap is 23.67 per cent (24.97 per cent in 2017); the organisation’s median bonus gap is 30.55 per cent (24.11 per cent in 2017) and the mean bonus gap is 59.12 per cent (64.26 per cent in 2017). This is the PPF’s second year of reporting.

PPF confirms levy determination for 2019/20

Following the consultation launched in September, the Pension Protection Fund (PPF) has today published its final levy rules for the 2019/20 levy year.