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The Purple Book 2024

We’ve published the Purple Book 2024, the most comprehensive data and analysis of the UK defined benefit (DB) pension landscape.

2025/26 PPF levy invoicing on hold

We’re informing our levy payers that we’re putting the 2025/26 PPF levy invoicing on hold and expect to provide a further update this Autumn.

Executive Committee members

Led by the CEO, our Executive Committee are responsible for the day-to-day running of the organisation.

How we’re funded

We raise the money we need to pay compensation to current and future PPF members, as well as for the costs of running the PPF, in four ways. 

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.

Submit s122 notices

Here you can find the relevant S122 notification forms to update the status of a pension scheme.

Cookies on this website

What are cookies? Cookies are files saved on your phone, tablet or computer when you visit a website.�They store information about how you use our website, such as the pages you visit. The main reason we use cookies is to:

Scheme trustees

We work with scheme trustees and their advisors when a sponsoring employer is in financial distress or facing a major change or ‘event’ – such as a restructuring arrangement or potential insolvency – which might trigger the entry of an eligible scheme into PPF assessment. 

Responsible investment

Learn more about our approach to responsible and sustainable investment

Introduction to the levy

Similar to an insurance premium, the amount of levy each scheme pays is primarily based on the risk of its sponsoring employer becoming insolvent. A small portion of the levy we collect is based on the size of the scheme.