This notification should be completed by insolvency practitioners, their authorised employees or agents, to give us details of an insolvency where required under section 120 of the Pensions Act 2004. You need to log in or register for our online service to submit your s120 notice.
In 2018, the European Court of Justice�ruled that individual members should receive at least 50 per cent of the value of their accrued old age pension if the employer�responsible for funding�the scheme they�ve paid into fails. The vast majority of PPF and Financial Assistance Scheme (FAS) members already receive compensation in excess of 50 per cent of their accrued old age benefits. This means the number of members affected by this ruling is very small.
The Pension Protection Fund (PPF) has today released its eighth Diversity Pay Gap report, restating its commitment to fostering an inclusive workplace and continuing to make significant improvements to the diversity of its senior management.
Last year the government introduced legislation that requires companies employing more than 250 people to publish information about their gender pay and bonus gaps annually.
The Pension Schemes Bill, introduced today, contains a number of measures which directly relate to the Pension Protection Fund (PPF) and Financial Assistance Scheme (FAS).
You need to allow cookies to view this video. Click the below link to manage your cookie settings and select "Targeting Cookies" on the left hand side.
