Search Results

Press releases

The Purple Book reveals stable trends in Defined Benefit Pension Schemes despite challenging landscape

The Purple Book, published by the Pension Protection Fund, gives the most comprehensive picture of the risks faced by defined benefit pension schemes in the UK

Pension Protection Fund confirms levy rules for 2020/21

The PPF confirms levy rules for 2020/21 remain stable and broadly unchanged from previous levy year

Our statement on the government's response to the 'Options for Defined Benefit schemes' consultation

Today, the Department for Work and Pensions have published their response to the 'Options for Defined Benefit schemes' consultation which ran last year. 

Our comment on the introduction of the Pension Schemes Bill

The Pension Schemes Bill, introduced today, contains a number of measures which directly relate to the Pension Protection Fund (PPF) and Financial Assistance Scheme (FAS).  

Interest grows over future of DB schemes and our role

While our focus remains delivering for our members and levy payers, we recognise the growing interest in the future of defined benefit schemes, and us.  

We've published initial views on how a public consolidator could be structured

On 23 February 2024, the Department for Work and Pensions (DWP) published its consultation, ‘Options for DB schemes.' This is a consultation on aspects of private sector Defined Benefit schemes, which seeks stakeholder feedback for the future pensions market. 

Where we are with the European Court of Justice ruling

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.

Ready, steady, start your payments

The Quote and Retire feature on our member website is the quickest way to receive your money from us and avoids paperwork.

Removing the compensation cap and paying arrears

In July 2021 the Court of Appeal ruled the PPF compensation cap was unlawful on the grounds of age discrimination. They supported our approach to increasing payments to PPF and FAS members following the 2018 European Court of Justice judgment in the Hampshire case. We’ve been working on how to implement it.