For the second year, we’ve combined our ethnicity pay gap and our gender pay figures to produce a diversity pay gap report. By doing so, we hold ourselves accountable for the targets we set ourselves each year to achieve race and gender equality.
The Pension Protection Fund (PPF) has today announced it has appointed Quantum Advisory to its Specialist Administration and Actuarial Services Panel (SAASP).
Since our last update in December new court proceedings have started against us, seeking to challenge, among other things, our intended approach for calculating any increases due to our members as a result of the ruling.
The Purple Book is vital for helping us understand the risks we face as an organisation with obligations to our members, in an environment of significant uncertainty.
In our Long-Term Funding Strategy review, published today, we’ve set out a revised funding objective and new priorities. As we enter a new stage of our funding journey, we’re now able to reduce the total amount of levy we charge without risking the long-term security of our members’ benefits.
I’m delighted to announce that Rodney Norman, Nailesh Rambhai and Anna Troup are joining our Board, bringing a broad range of highly relevant knowledge and experience.
Today we’ve co-published our new guide “COVID-19 and your pension - where to get help” to reassure you if you’re concerned about the impact of the pandemic on your retirement.
Now in its 16th edition, The Purple Book is the most comprehensive data and analysis of the UK defined benefit (DB) pension landscape. It’s vital for helping us understand the risks we face as an organisation with obligations to our members, in an environment of significant uncertainty.
The PPF is in a robust position to face the inevitable claims resulting from the pandemic.
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