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Oliver Morley, Chief Executive, to depart PPF

The Pension Protection Fund (PPF) announces today the departure of Oliver Morley, Chief Executive, who will be leaving in December 2023 to take up a new role as the Chief Executive of The Money and Pensions Service (MaPS).

Annual Report shows another successful year for the PPF

Today we’ve published our Annual Report and Accounts, which looks back at our achievements and challenges over the last financial year, outlines our financial performance and describes our progress against our strategic objectives.

Annual Report 2022/23: Reporting on climate change update

We consider climate change to be a systemic risk, which can affect the value of our investments across the short, medium and long term.

Annual Report 2022/23: Greening Government Commitments update

Greening Government Commitments and reflect the ambitions, commitments and targets through our investment practices and business operations where possible.

Statement on Go Anywhere cyber attack

Go Anywhere, a third-party that we and many other organisations use for secure file transfer, suffered a cyber-attack last month.

David Atkinson joins Board as Non-Executive Director

David Atkinson has joined our board as Non-Executive Director.

Shalin Bhagwan appointed as new Chief Actuary

Shalin Bhagwan has joined as our new Chief Actuary as of 1 July 2023. 

We’ve published our Diversity Pay Gap report

We’re committed to making our organisation a great place to work for everyone, and one way we’re tackling this is by setting targets for ethnicity representation.

Global IT outages: PPF unaffected thanks to robust risk management

The recent global IT outages, caused by a CrowdStrike antivirus update for Windows devices, had a negligible business impact due to our robust risk management procedures.

We concluded the sale of Kodak Alaris to Kingswood Capital Management

We concluded the sale of Kodak Alaris to Kingswood Capital Management and are pleased to have secured a good outcome for all parties.