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 anyone who still needs to refer to the previous situation.
The awards are open to those working for firms operating in the UK's occupational pensions industry, as well as those either working for or governing individual occupational pension schemes.
Today we’ve published our sixth annual Diversity Pay Gap report. We’re sharing the main results of the report, alongside some reflections from our Chief People Officer, Katherine Easter.
Each year we update our actuarial factors to make sure they’re actuarially equivalent, i.e., so that the cost to us of providing each member's compensation is the same regardless of the choices they make around their retirement.
Our levy consultation, which proposes changes to our levy rules for 2025/26, is now open to receive submissions.
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