The PPF’s publication of its ethnicity figures makes it one of the first organisations in the pensions industry to announce the difference in the hourly rates of pay and bonus pay between white ethnic minority employees.
While our focus remains delivering for our members and levy payers, we recognise the growing interest in the future of defined benefit schemes, and us.
For the second year, we’ve combined our ethnicity pay gap and our gender pay figures to produce a diversity pay gap report. By doing so, we hold ourselves accountable for the targets we set ourselves each year to achieve race and gender equality.
This month is Pride month. People from all around the world come together in love and friendship and celebrate how far Lesbian, Gay, Bisexual, Trans, Queer or Questioning + (LGBTQ+) rights have come.
Since our last update in December new court proceedings have started against us, seeking to challenge, among other things, our intended approach for calculating any increases due to our members as a result of the ruling.
Today we’ve launched a tender to appoint a new firm to join our Specialist Administration and Actuarial Services Panel (SAASP). This panel provides critical assistance to schemes when they enter the assessment period.
Now in its 16th edition, The Purple Book is the most comprehensive data and analysis of the UK defined benefit (DB) pension landscape. It’s vital for helping us understand the risks we face as an organisation with obligations to our members, in an environment of significant uncertainty.
We’ve published our response to the DB scheme inquiry
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