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Haweswater Aqueduct Resilience Programme (HARP): Strengthening water infrastructure in the North of England

We completed a £60 million investment in the Haweswater Aqueduct Resilience Programme (HARP), a once-in-a-generation project to secure the long-term supply of clean water to 2.5 million people across Greater Manchester and Lancashire.  

Harworth Group: Investing in sustainable growth

Based in Rotherham, and with offices in Birmingham, Leeds and Manchester, the Harworth Group is one of the leading land and property regeneration companies in the UK, owning and managing approximately 14,000 acres across 100 sites in the North of England and the Midlands.

Riverside Energy from Waste (EfW): Financing the circular economy

We’re one of the shareholders of the Riverside Energy from Waste (EfW) plant in Kent. We also provide debt financing to Cory Riverside.

Thames Tideway: Transforming London's sewerage system

We’re a shareholder in Thames Tideway, investing approximately £125 million in the company responsible for constructing a new super sewer beneath London. We also provide debt financing to Thames Tideway.  

PPP Project: Building sustainable student housing

This 50-year PPP Project consists of the design, build, refurbishment, financing and operation of a 3,011 room, student residence. 

Peel Ports: Debt and equity financing

We provide both debt and equity financing to Peel Ports. Most recently, we offered debt financing in 2024 as part of a wider refinancing package with a value of £375m.

We’ve published our Diversity Pay Gap Report 2025

Today we’ve published our Diversity pay gap report 2025, outlining our gender, ethnicity, and disability and long-term health condition pay gaps.

PPF publishes its 2025 Diversity Pay Gap Report

The Pension Protection Fund (PPF) has today published its 2025 Diversity Pay Gap Report, outlining the latest data on gender, ethnicity and disability and long-term health condition (LTHC) pay gaps.

We've finalised our levy rules for 2026/27

We've published our levy policy statement and final rules for 2026/27, setting out the details of our earlier announcement that confirmed we won’t charge conventional schemes a PPF levy next year. 

PPF confirms Richard Beaven as Acting Chief Executive following the departure of Michelle Ostermann

The Pension Protection Fund (PPF) has today announced that Michelle Ostermann has stepped down as Chief Executive after two years with the organisation. Richard Beaven, currently Chief Operating Officer has been appointed Acting Chief Executive with immediate effect and has been appointed to the PPF Board as Executive Director.