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PPF confirms 2024/25 levy halved to £100m

The Pension Protection Fund (PPF) has today announced its final levy rules for 2024/25 and confirmed a 50 per cent reduction in its target levy collection to £100m next year, down from £200m in 2023/24.

David Atkinson joins PPF board as Non-Executive Director

PPF Chair, Kate Jones said: “I’m delighted that David has joined our Board, bringing his extensive finance and risk management expertise, gained in both his executive and non-executive careers, to support our journey as we approach the next phase of our strategic plan and embrace the recommendations of DWP’s recent review.”

Michelle Ostermann appointed as CEO of The Pension Protection Fund

The Pension Protection Fund (PPF) today announces the appointment of Michelle Ostermann, a distinguished global pension executive, as its new CEO, succeeding Oliver Morley. 

PPF Confirms Levy Determination for 2018/19

PPF confirms Levy Estimate at £550 million for 2018/19

Third Levy Triennium webinars now available to view

In support of the consultation on the proposed changes to the levy rules for three year period starting 2018/19, PPF and Experian representatives participated in a number of live webinar broadcasts.

PPF confirms updates to valuation assumptions

The Pension Protection Fund (PPF) has today published its consultation response, confirming it will go ahead with proposals to change the assumptions it uses for certain valuations which provide an estimated price for bulk annuity providers in the buyout market.

PPF proposes £100m as levy estimate for 2025/26

The Pension Protection Fund (PPF) has proposed a £100m levy estimate for 2025/26, the same as 2024/25, equalling the lowest levy ever set.

PPF champions underrepresented talent during National Inclusion Week

Chief People Officer Katherine Easter at the Pension Protection Fund (PPF) has highlighted during National Inclusion Week the “enormous value” in supporting underrepresented talent kickstart their careers in the pensions industry.  

Pension Protection Fund, Unisuper and APG acquire Forico and Tasmania’s largest hardwood estate

The PPF, UniSuper and APG Asset Management have announced the acquisition of Forico and a 170,000-hectare plantation forestry estate in Tasmania, from a New Forests managed fund.