PPF Chief Investment Officer, Barry Kenneth commented: “It’s great to welcome Claire into her new role as Head of ESG. Claire’s experience of working and communicating with institutional investors across a wide range of asset classes as well as a deep technical understanding of ESG issues will help grow and evolve our investment function. Attracting professionals of Claire’s calibre to join our team is an endorsement of where we are going.”
The Pension Protection Fund (PPF) has today announced in its Diversity Pay Gap report 2021 that efforts to increase ethnic minority representation across the business have resulted in a positive drop in their ethnicity pay gap.
A scheme’s 179 liabilities represent, broadly speaking, the premium that would have to be paid to an insurance company to take on the payment of PPF levels of compensation. This compensation may be lower than full scheme benefits.
The aggregate deficit of the 5,450 schemes in the PPF 7800 Index is estimated to have decreased over the month to £23.1 billion at the end of January 2019, from a deficit of £31.9 billion at the end of December 2018.
Staff from the Pension Protection Fund (PPF) presented local mental health charity Mind in Croydon with a cheque for £10,000 today – the result of employees’ fundraising over the last 12 months.
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