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Year in review 2022/2023

In our annual member newsletter, CEO Oliver Morley looks back on the last financial year. 

Defined benefit pension need-to-knows

11 defined benefit pension need-to-knows

PPF proposes bespoke S143 valuation assumption for smaller schemes

The Pension Protection Fund (PPF) has today launched a consultation on proposed changes to the assumptions it uses for certain valuations which provide an estimated price for securing PPF benefits with bulk annuity providers in the buyout market.  

The Purple Book shows stability in strong defined benefit pension scheme funding

The Pension Protection Fund (PPF) has today published the Purple Book 2024 which shows the strong net funding position of the universe of defined benefit (DB) pension schemes has remained largely stable over the past year. 

The Purple Book 2022 published today

The Purple Book confirms further improvement in the funding position of the defined benefit pensions universe.

PPF champions power of stewardship in latest Responsible Investment Report

PPF publishes fourth Responsible Investment report, highlighting its continued commitment towards integrating material ESG risks into its investment approach.

PPF awarded ServiceMark accreditation with Distinction for exceptional customer service

The Pension Protection Fund (PPF) has been awarded ServiceMark Accreditation with Distinction from The Institute of Customer Service (ICS), making it one of only 25 companies in the country to achieve the highest standard of customer service.

PPF confirms 2024/25 levy halved to £100m

The Pension Protection Fund (PPF) has today announced its final levy rules for 2024/25 and confirmed a 50 per cent reduction in its target levy collection to £100m next year, down from £200m in 2023/24.

The Purple Book confirms accelerated improvement in defined benefit scheme funding

The Pension Protection Fund (PPF) has today published the Purple Book 2023, which showed a significant improvement in the net funding position of the universe of defined benefit (DB) pension schemes it protects in the past year. 

PPF publishes third TCFD report

The Pension Protection Fund (PPF) has today published its third annual Climate Change report