Throughout the calendar year, we frequently touch base with our members. If you’re ever unsure whether a communication, such as an email or letter, is genuinely from us, or whether it’s a potential scam, please call us on 0330 123 2222.
Today, the Work and Pensions Select Committee (WPSC) published the response by the Department for Work and Pensions (DWP) to their report on defined benefit pension schemes.
It's our duty to protect people with a defined benefit pension when an employer becomes insolvent. We manage £32 billion of assets for our 292,000 members.
Today, the Department for Work and Pensions have published their response to the 'Options for Defined Benefit schemes' consultation which ran last year.
Paragraphs 26 and 27 of Schedule 7 of the Pensions Act 2004 set out the circumstances in which the compensation cap applies and how and when it should be increased. 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 advisers who still need to refer to previous calculation tables and factors.
The Pension Protection Fund (PPF) has today published its new Diversity, Equity and Inclusion (DEI) Strategy for 2025-2028.
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