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.
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.
