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The Purple Book 2020

The Purple Book is vital for helping us understand the risks we face as an organisation with obligations to our members, in an environment of significant uncertainty.

Changes to the compensation cap 2021/22

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 anyone who still needs to refer to the previous situation.

Specialist firm to join assessment period panel

Today we’ve launched a tender to appoint a new firm to join our Specialist Administration and Actuarial Services Panel (SAASP). This panel provides critical assistance to schemes when they enter the assessment period.

We've launched our Dementia friends training programme

This week we’re rolling out Dementia Friends awareness sessions to our employees to coincide with the start of Dementia Action Week from 17th – 23rd May. 

Changes to the compensation cap 2020/21

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 anyone who still needs to refer to the previous situation.

We’ve published our climate change report

We've published our climate change report for the third year in a row, disclosing our climate-related risks and opportunities and highlighting key areas of progress.

Look out for our 2020 customer survey

If you’ve recently contacted us or used our member website you may have received an email inviting you to complete a survey about your experience of dealing with our member services team. By providing your honest feedback, you’ll help us understand how well we’re serving you and what we can do to improve.

Join our new SME forum

We’re launching a forum with the aim of improving communication between us and defined benefit (DB) schemes of small and medium-sized enterprises. We’re keen to hear from anyone representing an SME scheme who would like to be part of the conversation.

Our strategy for the next three years

Today we’ve published our 2019/22 Strategic Plan outlining how we’ll continue to protect our members in a volatile market while setting new standards.

Superfunds offer opportunities but also pose risks

On 7 December 2018 the Department for Work and Pensions (DWP) published a consultation on the consolidation of defined benefit pension schemes inviting views on a new legislative framework for ‘superfund’ schemes.