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Help shape our rules

We consult on proposed changes to the levy rules and use feedback to better inform our final decisions.

Purple Book

Every year we publish the Purple Book, also known as the pensions universe risk profile. This is the most comprehensive data and analysis of the UK defined benefit pension landscape.

Home

It's our duty to protect people with a defined benefit pension when an employer becomes insolvent. We manage £32 billion of assets for our 292,000 members.

Member story: Brian Bower

Brian is a Woolworths pension scheme member who is protected by the PPF.

Factors

Useful information about our factors for pension professionals.

How we calculate the levy

The levy is made up of the scheme-based levy and the risk-based levy. Here we explain how we calculate each component.

How we set the levy rules

The framework for the levy rules is set out in legislation (Pensions Act 2004). We review and consult on how we apply these rules each year. 

Is your scheme eligible?

Almost all defined benefit occupational pension schemes, and schemes that have defined benefit elements, are eligible.

Get levy help and support

Find out where to get help with any levy queries.