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Levy rules for 2022/23 published

Our consultation setting out our plans for the 2022/23 levy rules closed on 9 November. We’ve published our policy statement with the formal levy rules, and updated the levy estimate.

Uncapping is a complex process

In September this year, we issued an update on our work to implement the Court of Appeal’s ruling that the compensation cap was unlawful, and to pay arrears to pensioners due increases as a result of the Hampshire ruling. 

The Purple Book 2024

We’ve published the Purple Book 2024, the most comprehensive data and analysis of the UK defined benefit (DB) pension landscape.

How our TrainingMark has improved the customer experience

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

More Hampshire decisions confirmed

In our recent update about progress on uncapping PPF compensation, we still had to finalise whether to put a six-year time limit on arrears payments due to PPF and FAS pensioners. This followed the Court of Appeal’s judgments on the methodology for implementing the ECJ’s Hampshire decision and the PPF compensation cap. The Department for Work and Pensions (DWP) and our Board have now finalised those decisions.

How members can manage their benefits online

Our member website puts you in the driving seat. It gives you the freedom to access and manage information about your benefits and make informed decisions, at a time that best suits you.

Our new partnership with Dun & Bradstreet

Today marks the start of our new levy insolvency risk partnership with Dun & Bradstreet (D&B), and a range of new services we’ve developed with them. 

Women in senior management on the rise

In February 2018 we signed HM Treasury’s Women in Finance Charter, a commitment to improve gender balance across the financial services sector, at every level.

Another win for us

Congratulations to Barry Kenneth and our Investment team on their fantastic win in the Best UK Pension Fund category. 

Pensions Age Awards 2020

We're pleased to reveal that we’re up for three awards at the seventh annual Pensions Age Awards 2020.