Respondents to the PPF’s recent levy consultation welcomed the introduction of the new services developed with Dun & Bradstreet with some small scale improvements
The Pension Protection Fund (PPF) has completed the selection process for its new Specialist Administration and Actuarial Services Panel (SAASP). The new panel comprises four firms which will provide both administrative and actuarial services during the PPF assessment period, replacing the previous model of two separate panels. The new panel will also bring consistency to administration services inclusive of payroll and member services.
In the thirteenth edition of the Purple Book, the Pension Protection Fund (PPF) points to significant risk in the defined benefit (DB) pension universe.
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.
The Pension Protection Fund (PPF) is seeking to procure actuarial services to equalise guaranteed minimum pensions for members and the application of a Statutory Minimum.
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