Search Results | Pension Protection Fund

Next steps after court ruling on Hampshire methodology

The Administrative Court’s judgment in June 2020 upheld our general approach to calculating increases in compensation as a result of the Hampshire ruling. But it also said we need to make sure members and survivors each receive at least 50% on a cumulative basis of the actual value of the benefits their scheme would have provided.

Target member tracing

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

PPF supports struggling levy payers with payment extension

The Pension Protection Fund (PPF) has announced that it will give levy payers struggling as a result of the coronavirus pandemic up to 90 days interest free to pay their 2020/21 levy bill.

New restructuring and insolvency requirements

Under new legislation, restructuring professionals and insolvency practitioners must notify us and share documents relating to a moratorium or a restructuring plan if an eligible pension scheme is involved.

Need help paying this year’s levy invoice?

If your business or scheme is struggling as a result of the COVID-19 pandemic, we understand this might make it difficult for you to pay your invoice within 28 days this autumn.

Introducing electronic levy invoices

We’ve decided to offer our levy payers the option to go paperless by choosing to receive their invoice electronically, starting with the 2020/21 invoices issuing this autumn.

Women in Pensions Awards 2020

We’re thrilled to announce that five of our employees have been shortlisted at this year’s Women in Pensions Awards.

Being an ally during Pride

Pride is held in June each year to commemorate the riots held by members of the LGBTQ community against a police raid at the Stonewall Inn in New York City on June 28, 1969.

Court confirms Hampshire methodology is permissible

Today the Administrative Court has ruled on the challenge brought against us by a number of members following the ECJ’s ruling in Hampshire.

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.