Search Results | Pension Protection Fund

New specialist panel wanted for PPF+ schemes

It’s not always the case that when a pension scheme’s sponsoring employer fails, and the scheme enters PPF assessment, it ends up transferring into the PPF. If the scheme has enough assets to buy higher benefits for its members than we would pay, it’ll buy out benefits outside of the PPF.

PPF launches tender to appoint specialist panel

The Pension Protection Fund (PPF) has today launched a tender for a new specialist panel which will provide transaction advice to schemes in PPF assessment which are overfunded on a PPF basis (PPF+).

Two pension funds acquire New Zealand forestry asset from Sinotrans

Transaction brings Wenita Forest Products completely under New Forests’ management.

Have your say on our 2022/23 levy rules

We’ve published our consultation on the proposed changes to our levy rules for 2022/23.

PPF consults on levy rules and announces £415m levy estimate for 2022/23

The PPF's strong funding position means levy rules remain stable for the 2022/23 levy year

Removing the compensation cap and paying arrears

In July 2021 the Court of Appeal ruled the PPF compensation cap was unlawful on the grounds of age discrimination. They supported our approach to increasing payments to PPF and FAS members following the 2018 European Court of Justice judgment in the Hampshire case. We’ve been working on how to implement it.

If you need extra help

We understand that some of our members may need extra assistance from time to time, and there are lots of ways we can help.

What are factors?

As with all defined benefit pension schemes, we use factors to calculate your PPF benefits to make sure we're paying you your correct pension, whether you want to retire before, after or on your retirement date, and whether or not you take a tax-free lump sum.

How members can manage their benefits online

Our member website puts you in the driving seat. It gives you the freedom to access and manage information about your benefits and make informed decisions, at a time that best suits you.

Make sure we have your address

You may have received a letter from a company called Target Professional Services asking you to confirm your address.