The aggregate deficit of the 5,450 schemes in the PPF 7800 Index is estimated to have increased over the month to £43.9 billion at the end of March 2019, from a deficit of £8.6 billion at the end of February 2019.
The first group of PPF members who we’ve assessed as most significantly affected by the European Court of Justice’s ruling have from today started receiving increased benefits. These members have had their benefits adjusted by the long service cap (LSC).
At a gala dinner at Proud Embankment last night we scooped some of the biggest accolades of the night at the Professional Pensions Rising Stars Awards 2019.
Staff from the Pension Protection Fund (PPF) presented local mental health charity Mind in Croydon with a cheque for £10,000 today – the result of employees’ fundraising over the last 12 months.
Would you like to know more about why the PPF and Financial Assistance Scheme (FAS) were set up, how we operate and how we’re funded? Then watch the first three videos in a new series we’ve created to help explain who we are and what we do.
The aggregate deficit of the 5,450 schemes in the PPF 7800 Index is estimated to have decreased over the month to £8.6 billion at the end of February 2019, from a deficit of £23.1 billion at the end of January 2019.
The first PPF SME Forum, which took place at the end of February, saw representatives from DB schemes of small and medium-sized enterprises (SMEs), their advisers, representative bodies and the PPF gather together to discuss a range of topics from good customer service to measuring insolvency risk.
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