Alan Rubenstein, Chief Executive, Pension Protection Fund (PPF) said “This settlement for the BHS pension schemes, agreed between Sir Philip, the Pensions Regulator and the trustees, with the involvement of the PPF relieves the PPF’s levy payers of the cost of meeting the initially reported shortfall.
The recent global IT outages, caused by a CrowdStrike antivirus update for Windows devices, had a negligible business impact due to our robust risk management procedures.
Would you like to know more about why the PPF and Financial Assistance Scheme (FAS) were set up, how we operate and how we’re funded? Then watch the first three videos in a new series we’ve created to help explain who we are and what we do.
We understand this is a difficult time but if you're a member of a Beales defined benefit pension scheme, you can be assured that we are here to protect your pension.
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.
Today is International Women’s Day 2019, a day to celebrate women's achievements, raise awareness against bias and take action for equality.
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