The Pension Protection Fund (PPF) has today published its consultation response, confirming it will go ahead with proposals to change the assumptions it uses for certain valuations which provide an estimated price for bulk annuity providers in the buyout market.
The Pension Protection Fund (PPF) has today released its sixth Diversity Pay Gap report which shows the progress it has made in addressing the imbalances in pay across gender and race. This year for the first time the report covers the PPF’s disability and long-term health condition pay gaps.
At the PPF, it’s everyone’s responsibility to build an inclusive culture, tackle racial inequality and work towards our goal of increasing ethnic minority representation.
Here you'll find all the necessary valuation guidance and factors that were valid for previous periods. Please use the links below: Valuation guidance valid for previous periods
In line with the equalisation of pensions, the Pensions Act 2004 requires our compensation to be paid on a basis that is no more or less favourable to a woman or man, in respect of pensionable service on or after 17 May 1990. In order to do this, our calculation of compensation has to take into account any differences in scheme benefits that are due to differences in the calculation of GMPs for men and women.
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