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Compensation cap factors valid for previous periods

Paragraphs 26 and 27 of Schedule 7 of the Pensions Act 2004 set out the circumstances in which the compensation cap applies and how and when it should be increased. In July 2021 the Court of Appeal ruled the PPF compensation cap was unlawful on the grounds of age discrimination, so we’re no longer applying it and we’re removing it from affected PPF pensioners.  The information below is provided for advisers who still need to refer to previous calculation tables and factors.

PPF make new £60m investment in landmark UK water infrastructure project

The Pension Protection Fund (PPF) has completed a £60 million investment in the Haweswater Aqueduct Resilience Programme (HARP), a once-in-a-generation project to secure the long-term supply of clean water to 2.5 million people across Greater Manchester and Lancashire.

Doing business with us

We use public sector framework agreements where appropriate to�source our�goods and services. How we manage the tender process We use our sourcing portal to advertise opportunities and to manage tender and quotation processes.

Using Tell Us Once to report a bereavement

We’re part of the government’s Tell Us Once service. This service allows people to report a death to most government departments in one go.

Executive Committee members

Led by the CEO, our Executive Committee are responsible for the day-to-day running of the organisation.

We've published our sustainability strategy

We've just published our sustainability strategy, that sets out how we aim to achieve our ambition for catalysing the growth of a sustainable pensions industry.

How we’re funded

We raise the money we need to pay compensation to current and future PPF members, as well as for the costs of running the PPF, in four ways. 

How we manage risk

Our leadership team are focused on governance, managing risk and making sure we’re accountable.