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Mansion House Reforms: our response to the call for evidence on DB schemes

Today we’ve published our response to the Department for Work and Pensions call for evidence on Options for Defined Benefit Schemes.

Our response to the Autumn Statement

We welcome the government’s commitment to establishing a public sector consolidator and their recognition that we'd be well placed to take on this additional and separate role.

The Pension Schemes Act has become law

The Pension Schemes Act, that includes several measures relating to the Pension Protection Fund and Financial Assistance Scheme, has officially become law.

Our statement on the government's response to the WPSC defined benefit report

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. 

We’ve published our levy rules for 2019/20

Following the consultation we launched in September today we’ve published our final levy rules for 2019/20.

Help for members with tax questions

As your payments from the PPF/FAS are a taxable benefit, HMRC tells us which tax code to apply and this determines how much tax is deducted. 

Registering online for the first time

Registering for our member website is easy. Here’s what to expect.  

We’ve published our latest strategic plan

By achieving the goals set out in our last strategic plan, we’ve built strong foundations to protect our members going forward. Our 2022-25 Strategic Plan sets out our priorities for the next three years. We've also published our new Business Plan for 2022/23.

What are factors?

As with all defined benefit pension schemes, we use factors to calculate your PPF benefits to make sure we're paying you your correct pension, whether you want to retire before, after or on your retirement date, and whether or not you take a tax-free lump sum. 

How our TrainingMark has improved the customer experience

Our customer satisfaction results are currently at 97%, and we continually strive to improve this score.