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PPF confirms zero levy for 2025/26

The Pension Protection Fund (PPF) has today announced that it will not charge a conventional PPF levy this year (2025/26). The move will benefit c.5,000 defined benefit (DB) schemes in the UK, saving them and their sponsoring employers collectively £45m.

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For many people, their first contact with us will be via this website. By using the World Wide Web Consortium (W3C) accessibility guidelines, we�re trying to make our website as open and accessible as possible. This accessibility statement applies to the PPF. This website is run by the PPF. We want as many people as possible to be able to use this website. That means you should be able to:

PPF announces appointment of Sara Protheroe to the Board

The Pension Protection Fund (PPF) has today announced the appointment of Sara Protheroe, Chief Customer Officer, to its Board with immediate effect.

PPF champions power of stewardship in latest Responsible Investment Report

PPF publishes fourth Responsible Investment report, highlighting its continued commitment towards integrating material ESG risks into its investment approach.

Oliver Morley, Chief Executive, to depart PPF

The Pension Protection Fund (PPF) announces today the departure of Oliver Morley, Chief Executive.

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. 

PPF champions underrepresented talent during National Inclusion Week

Chief People Officer Katherine Easter at the Pension Protection Fund (PPF) has highlighted during National Inclusion Week the “enormous value” in supporting underrepresented talent kickstart their careers in the pensions industry.  

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 appoints two new non-executive directors

The Pension Protection Fund (PPF) has announced the appointment of Simon Gadd and Sonia Gogna to its Board as non-executive directors from 1 September.

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.