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PPF announces levy estimate for 2017/18

The Pension Protection Fund (PPF) has today published its consultation document on changes to the Pension Protection Levy for 2017/18.

Pension Protection Fund launches Consultation on Contingent Assets in the PPF Levy

The Pension Protection Fund (PPF) has today (Thursday) opened a short consultation relating to contingent assets in the PPF levy. This will be of particular interest to schemes and employers that are considering putting a contingent asset in place, those who currently have one in place, and those who advise on them.

PPF Annual Report shows robust performance in 2016/17

The Pension Protection Fund (PPF) has today reported a healthy financial position in its 2016/17 Annual Report and Accounts, in what has been an eventful year for pensions, including debate around the BHS pension scheme and a Green Paper on the future of defined benefit pensions.

Pension Protection Fund announces levy estimate for 2019/20

Levy estimate for 2019/20 will be £500 million, down from £550 million in 2018/19

PPF consults on changes to S143 and S179 assumptions

The Pension Protection Fund (PPF) has published a consultation document proposing changes to the actuarial assumptions used in s179 and s143 valuations.

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.

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 - 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 Publishes Refreshed Guidance for Restructuring & Insolvency Professionals

The Pension Protection Fund (PPF) has today published its refreshed General Guidance for Restructuring & Insolvency Professionals.

FAS to close to new schemes from September 2016

Please note that the Pension Protection Fund has announced that the Financial Assistance Scheme will close to Notification and Qualification of new schemes from 1 September 2016.