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The Purple Book reveals improvement in scheme funding despite £129bn deficit

The Pension Protection Fund (PPF) has today published The Purple Book 2021.

Two pension funds acquire New Zealand forestry asset from Sinotrans

Transaction brings Wenita Forest Products completely under New Forests’ management.

Get retirement ready in 2022

New research reveals final salary pension holders lack understanding and interest in their defined benefit pension scheme.

The Pension Protection Fund updates on third levy triennium work

The Pension Protection Fund (PPF) has published an update on its plans for the third levy triennium starting in 2018. 

Reminder: Only one week left to apply to the Financial Assistance Scheme

The Financial Assistance Scheme (FAS) will be closed to new applications from schemes from 1 September 2016. 

Pension Protection Fund announces levy estimate for 2019/20

Levy estimate for 2019/20 will be £500 million, down from £550 million in 2018/19

Alan Rubenstein to step down as Chief Executive of the Pension Protection Fund

The Pension Protection Fund announces that Alan Rubenstein has informed the Board that he intends to step down as Chief Executive of the organisation in early 2018.

Pension Protection Fund BHS Statement

Alan Rubenstein, Chief Executive, Pension Protection Fund (PPF) said “This settlement for the BHS pension schemes, agreed between Sir Philip, the Pensions Regulator and the trustees, with the involvement of the PPF relieves the PPF’s levy payers of the cost of meeting the initially reported shortfall.

First Diversity Pay Gap report published

The PPF’s publication of its ethnicity figures makes it one of the first organisations in the pensions industry to announce the difference in the hourly rates of pay and bonus pay between white ethnic minority employees. 

Revised Actuarial Factors

The PPF has published revised actuarial factors to take effect from 1 October 2016.