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Sara Protheroe joins the Board as an Executive Director

We’re pleased to announce the appointment of Sara Protheroe, our Chief Customer Officer, to the Board with immediate effect. 

PPF announces appointment of Sara Protheroe to the Board

The Pension Protection Fund (PPF) has today announced the appointment of Sara Protheroe, Chief Customer Officer, to its Board with immediate effect.

A message from our Chief Executive, Oliver Morley

FAS payments are funded by the Treasury, so will not be affected by the difficult situation in financial markets. We’d also like to reassure you that we will be able to continue paying members as normal. Your usual payments will not change.

Next group of members receiving increased payments

We’ve started to make increased payments to pensioners whose benefits fell below 50% of the value of their accrued benefits because of a combination of the compensation cap and other factors. We’re aiming to increase payments to the majority of pensioners in this group by the end of September 2020.

Levy scoring confirmed

Following a consultation launched in December on the methodology Dun & Bradstreet (D&B) use to calculate insolvency risk scores, we’re pleased to share positive feedback and upcoming changes.

PPF will ‘go-live’ with Dun & Bradstreet insolvency risk scores in April

Respondents to the PPF’s recent levy consultation welcomed the introduction of the new services developed with Dun & Bradstreet with some small scale improvements

Worried about your Laura Ashley pension?

We understand this is a very difficult time but if you're a member of a Laura Ashley defined benefit pension scheme you can be assured that your pension is protected by us.

How trustees can prepare for the unexpected

Good risk management is a key characteristic of a well-run pension scheme, and an important part of a trustee’s role. 

How FAS 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. 

Take part in our FAS Member Forum

Our members are our number one priority and we exist to protect your financial future. We want to know what matters to you, your views on the service we offer and your thoughts about changes we could make in future.