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2026/27 levy year

We’re not charging a conventional PPF levy for this year. Find out more about our evolving policy here.  

2025/26 levy year

We’re not charging a conventional PPF levy for this year. Find out more about our evolving policy here.  

Voting guidelines 2026

This provides broad guidelines within which voting decisions will be assessed and implemented on a case-by-case basis. A degree of flexibility is required when interpreting the guidelines to reflect specific market, company, and meeting circumstances.

How we invest

We invest to make sure we can pay current and future member's compensation for the rest of their lives. 

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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.

What are contingent assets?

Contingent assets are arrangements that can be put in place to support the level of scheme funding, particularly in the event of employer insolvency.

Stewardship policy

The policy should be considered alongside our Statement of Investment Principles (SIP), our Climate Change Policy and our overall RI framework and strategy. The SIP is the written statement governing our decisions about investments, and reflects the objectives and timeframes of our current and future beneficiaries and stakeholders.

Target member tracing

You may have received a letter from a company called Target Professional Services asking you to confirm your address. 

The Pension Schemes Act has become law

The Pension Schemes Act, that includes several measures relating to the Pension Protection Fund and Financial Assistance Scheme, has officially become law.

PPF Panel Hub

Here's where we keep all the documents and information needed by our panel members.