Search results | Pension Protection Fund

PPF 7800 index - July 2023

This update provides the latest estimated funding position, based on adjusting the scheme valuation data supplied to The Pensions Regulator as part of the schemes’ annual scheme returns, on a section 179 (s179) basis, for the defined benefit pension schemes potentially eligible for entry to the Pension Protection Fund (PPF).

PPF hits key targets in 22/23 Annual Report

The Pension Protection Fund has today published its 2022-23 Annual Report and Accounts highlighting significant progress against its 2022-25 Strategic Plan.

PPF welcomes government signal on levy changes

The Pension Protection Fund (PPF) has today welcomed the announcement by the Department for Work and Pensions (DWP) that the government will consider giving the PPF more flexibility to reduce its levy, thus supporting DB schemes and their sponsoring employers to drive growth.

PPF appoints two new non-executive directors

The Pension Protection Fund (PPF) has announced the appointment of Simon Gadd and Sonia Gogna to its Board as non-executive directors from 1 September.

PPF well placed to run a Public Sector Consolidator

The Pension Protection Fund (PPF) has today published its response to the Department for Work and Pensions’ (DWP) call for evidence on Options for Defined Benefit (DB) Schemes.

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.

PPF publishes third TCFD report

The Pension Protection Fund (PPF) has today published its third annual Climate Change report

PPF proposes £100m levy for 2024/25

The Pension Protection Fund has today announced in its 2024/25 levy consultation that it expects to collect £100m in levy next year, further reducing the levy by half compared with the 2023/24 estimate.

Pension bodies unite to reassure UK pension savers

The PPF has joined forces with the Department for Work and Pensions (DWP), Financial Services Compensation Scheme (FSCS), Money and Pensions Service (MaPS), the Pensions Regulator (TPR), the Financial Conduct Authority (FCA) and the Pensions Ombudsman to create the guide for pension savers.

PPF launches Trustmark badge for panel firms

The Pension Protection Fund (PPF) has today launched a new Trustmark initiative which will provide its panel firms with a badge that recognises their expertise and high level of service supporting defined benefit pension schemes in relation to the PPF’s assessment process.