Today we’ve launched a tender to appoint a new firm to join our Specialist Administration and Actuarial Services Panel (SAASP). This panel provides critical assistance to schemes when they enter the assessment period.
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.
As the Brexit transition period nears its end on the 31 December 2020, we're keen to make sure our regular payments to our members living in the EU continue uninterrupted.
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.
Over the coming weeks you might notice email correspondence from us now ends in "@ppf.co.uk”. Don’t be alarmed, we have changed our email address and are now using "@ppf.co.uk”.
Use the easy Benefit Modeller tool on our member website to find out how much you can expect to receive if you choose to start your payments early, late or when they were due from your original pension scheme.
If you’re aged 55 or over you can start your payments at any time between now and your 75th birthday. You can take up to 25 per cent of your PPF benefits as a tax-free lump sum.
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.
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