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Changes to the compensation cap 2021/22

In July 2021 the Court of Appeal ruled the PPF compensation cap was unlawful on the grounds of age discrimination, so we’re no longer applying it and we’re removing it from affected PPF pensioners. The information below is provided for anyone who still needs to refer to the previous situation.

We’ve issued new valuation guidance documents

We’ve published new versions of the following valuation guidance documents:

Removing the compensation cap and paying arrears

In July 2021 the Court of Appeal ruled the PPF compensation cap was unlawful on the grounds of age discrimination. They supported our approach to increasing payments to PPF and FAS members following the 2018 European Court of Justice judgment in the Hampshire case. We’ve been working on how to implement it.

We’re welcoming three new Board members

I’m delighted to announce that Rodney Norman, Nailesh Rambhai and Anna Troup are joining our Board, bringing a broad range of highly relevant knowledge and experience. 

Our email addresses are changing

Over the coming weeks you might notice email correspondence from us now ends in "@ppf.co.uk”. Don’t be alarmed, we have changed our email address and are now using "@ppf.co.uk”.

Start planning your future

If you’re aged 55 or over you can start your payments at any time between now and your 75th birthday. You can take up to 25 per cent of your PPF benefits as a tax-free lump sum.

Our annual report is out today

Our 2020/21 annual report highlights our strengthened financial position. While concerns around the pandemic’s impact on businesses remain, our strong investment performance, coupled with rigorous risk management, saw our financial position strengthen.

Fraud Compensation Fund eligibility criteria confirmed

In a ruling on 6 November 2020, the High Court clarified how the legislation governing the FCF should be interpreted.

Diversity & inclusion: our five year goals

Valuing difference and individuality is something we’re passionate about. We’ve already built a strong foundation, but at senior levels there is still work to be done.

Worried about your Arcadia Group pension?

If you’re a member of the Arcadia Group Pension Scheme or the Arcadia Group Senior Executives Pension Scheme, here’s what to do and who to call if you have questions about your pension.