The PPF has joined forces with the Department for Work and Pensions (DWP), Financial Services Compensation Scheme (FSCS), Money and Pensions Service (MaPS), the Pensions Regulator (TPR), the Financial Conduct Authority (FCA) and the Pensions Ombudsman to create the guide for pension savers.
Today we’ve co-published our new guide “COVID-19 and your pension - where to get help” to reassure you if you’re concerned about the impact of the pandemic on your retirement.
A scheme’s 179 liabilities represent, broadly speaking, the premium that would have to be paid to an insurance company to take on the payment of PPF levels of compensation. This compensation may be lower than full scheme benefits.
It’s critical for us to be a diverse and inclusive place of work at all levels. We believe this will improve our performance and support our strategic priorities.
The D&I strategy sets out the PPF’s ambitions, challenges and future plans as well as how progress is to be measured over the next five years, reflecting also on the achievements made so far.
Valuing difference and individuality is something we’re passionate about. We’ve already built a strong foundation, but at senior levels there is still work to be done.
There’s been recent speculation in the media implying that our levy payers will see a significant increase in levy bills this autumn due to COVID-19. We’d like to reassure you this is not the case.
We understand this is a very difficult time but if you're a member of a Debenhams defined benefit pension scheme you can be assured that your pension is protected by us.
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