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Oliver Morley, Chief Executive, to depart PPF

The Pension Protection Fund (PPF) announces today the departure of Oliver Morley, Chief Executive, who will be leaving in December 2023 to take up a new role as the Chief Executive of The Money and Pensions Service (MaPS).

Annual Report shows another successful year for the PPF

Today we’ve published our Annual Report and Accounts, which looks back at our achievements and challenges over the last financial year, outlines our financial performance and describes our progress against our strategic objectives.

We’re celebrating one year of charity partnership with Lives Not Knives

We've been supporting local charity, Lives Not Knives, for one year. They work to prevent knife crime, serious youth violence and school exclusions in Croydon and London.

We’ve published our Annual Report 2024/25

Today, we’ve published our Annual Report and Accounts 2024/25, which looks back at our achievements throughout our 20th year. 

We've published our fourth Responsible Investment report

We’ve published our Responsible Investment (RI) report, which highlights how our key stewardship and governance activities contribute towards positive financial, societal and environmental outcomes.

We’ve published our levy rules for 2023/24

Our consultation setting out our plans for the 2023/24 levy rules closed on 10 November. Today we’ve published our policy statement with the formal levy rules.

We've joined the Tell Us Once service

We’re now part of the Government’s Tell Us Once service. This service allows people to report a death to most government departments in one go. 

We concluded the sale of Kodak Alaris to Kingswood Capital Management

We concluded the sale of Kodak Alaris to Kingswood Capital Management and are pleased to have secured a good outcome for all parties.

Global IT outages: PPF unaffected thanks to robust risk management

The recent global IT outages, caused by a CrowdStrike antivirus update for Windows devices, had a negligible business impact due to our robust risk management procedures.

We’ve finalised our levy plans for 2025/26

Today we’ve announced that our levy estimate for 2025/26 will be reduced and included a new provision in our rules to allow our Board to review its approach if sufficient progress can be made on the changes needed to give us greater flexibility on setting the levy.