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Responsible investment: Hornsea Project One

In 2018 we worked with Legal and General Investment Management to finance Hornsea Project One.

Our first member to retire online

Janet Waddicor was our first member to retire online and shares her experience.

Diversity, equity and inclusion

We aim to embed diversity, equity and inclusion across all levels of our organisation.

Diversity pay gap report

View all of our gender and diversity pay gap reports below.

How we’re funded

We raise the money we need to pay compensation to current and future PPF members, as well as for the costs of running the PPF, in four ways. 

PPF confirms Richard Beaven as Acting Chief Executive following the departure of Michelle Ostermann

The Pension Protection Fund (PPF) has today announced that Michelle Ostermann has stepped down as Chief Executive after two years with the organisation. Richard Beaven, currently Chief Operating Officer has been appointed Acting Chief Executive with immediate effect and has been appointed to the PPF Board as Executive Director. 

Executive Committee members

Led by the CEO, our Executive Committee are responsible for the day-to-day running of the organisation.

PPF confirms Richard Beaven as Acting Chief Executive following the departure of Michelle Ostermann

The Pension Protection Fund (PPF) has today announced that Michelle Ostermann has stepped down as Chief Executive after two years with the organisation. Richard Beaven, currently Chief Operating Officer has been appointed Acting Chief Executive with immediate effect and has been appointed to the PPF Board as Executive Director.

Strategy and priorities

Our strategy 2025-28 sets out our long-term vision for the next three years. 

Senior managers and certification regime

Our Senior Managers and Certification Regime (SMCR) outlines the responsibilities of our senior employees, along with how our organisation is arranged and governed.