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Member story: Brian Bower

Brian is a Woolworths pension scheme member who is protected by the PPF.

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. 

New funding from the PPF forms part of £85m Monmouthshire Housing Association deal

The PPF’s funding is for 40 years and sits alongside £20m of flexible finance provided by existing lender Barclays.

PPF celebrates local apprentices during National Apprenticeship Week

Since launching its apprenticeship programme in 2018, half of its cohort of 24 apprentices live in Croydon with the rest from surrounding boroughs, securing roles across the business in IT, administration and member services.

PPF consults on changes to section 143 and section 179 actuarial assumptions

A recent review of the valuation assumptions showed they need updating to align with pricing in the bulk annuity market.

Levy rules for 2021/22 published

We’ve now published the final levy rules for 2021/22, alongside our policy statement summarising the responses we received during consultation, and our conclusions.

Outcome of the 2021/22 levy consultation

Our consultation setting out our plans for the 2021/22 levy rules closed on 24 November. We’re confirming key decisions before we publish the formal levy rules in January.

PPF confirms supportive measures for levy payers following consultation

The announcement precedes the formal publication of the 2021/22 levy rules in January 2021

Fraud Compensation Fund eligibility criteria confirmed

In a ruling on 6 November 2020, the High Court clarified how the legislation governing the FCF should be interpreted.

Sara Protheroe awarded coveted OBE in Queen’s Birthday Honours List

Sara, who was recently appointed to the PPF Board and is the Chief Customer Officer, has been appointed an Officer of the Order of the British Empire (OBE) for services to pensioners.