The Pension Protection Fund (PPF) has paid out £1 billion in member compensation over the past financial year, as reported in its 2020/21 Annual Report and Accounts published today.
The Pension Protection Fund (PPF) has today published its Strategic Plan 2022 – 2025, setting out its vision for the next three years, and building on the strong foundations already established.
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.
The Pension Protection Fund (PPF) has today launched a tender to appoint a new firm to join its Specialist Administration and Actuarial Services Panel (SAASP).
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're delighted that the Financial Reporting Council (FRC) has confirmed the PPF continues to meet the standard of reporting required to remain as a signatory to the UK Stewardship Code for a third consecutive year.
Dana Grey, who has been acting as interim Risk Director since October 2021, has been appointed to the CRO role permanently, leading both the Risk and Compliance teams.
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