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We’re welcoming three new Board members

I’m delighted to announce that Rodney Norman, Nailesh Rambhai and Anna Troup are joining our Board, bringing a broad range of highly relevant knowledge and experience. 

Our role during a restructuring or insolvency

BHS, Toys R Us, Debenhams, British Steel. In recent years we’ve seen a number of high-profile company insolvencies and restructurings.

PPF 7800 index – September 2019

This update provides the latest estimated funding position, on a section 179 (s179) basis, for the defined benefit pension schemes potentially eligible for entry to the Pension Protection Fund (PPF).

More member benefit increases after ECJ ruling

In April, we confirmed that we had started to pay increased benefits to PPF and FAS pensioners who were most affected by the Court of Justice of the European Union’s (ECJ’s) ruling because they had had their benefits adjusted by the Long Service Cap.

New way to apply for a levy payment plan

Schemes that are genuinely unable to pay their levy invoice within 28 days have always been able to apply for a payment plan. A payment plan can spread the cost of the levy over a number of months. 

PPF 7800 index - August 2019

This update provides the latest estimated funding position, on a section 179 (s179) basis, for the defined benefit pension schemes potentially eligible for entry to the Pension Protection Fund (PPF).

Our actuarial factors are changing

Every year we review the actuarial factors we use to calculate retirement quotes and pension benefits for our members. 

PPF appoints Mike Ridley as Head of Restructuring and launches new guidance

The newly created role of Head of Restructuring marks an addition to the PPF’s in-house team which has played a leading role in many of the UK’s most high profile pension restructuring deals and insolvency events in recent years.

PPF reports strong investment performance in 2018/19

Despite significant market volatility, the PPF's investment return in the year to 31 March 2019 was 5.2 per cent and its assets under management grew from £30 billion to £32 billion.