Search results

What is The Purple Book?

Every year we publish comprehensive data and analysis of the UK’s defined benefit pension landscape in The Purple Book. But what does it tell us and how do we use it?

Uncapping is a complex process

In September this year, we issued an update on our work to implement the Court of Appeal’s ruling that the compensation cap was unlawful, and to pay arrears to pensioners due increases as a result of the Hampshire ruling. 

Have your say on our 2022/23 levy rules

We’ve published our consultation on the proposed changes to our levy rules for 2022/23.

PPF consults on levy rules and announces £415m levy estimate for 2022/23

The PPF's strong funding position means levy rules remain stable for the 2022/23 levy year

Removing the compensation cap and paying arrears

In July 2021 the Court of Appeal ruled the PPF compensation cap was unlawful on the grounds of age discrimination. They supported our approach to increasing payments to PPF and FAS members following the 2018 European Court of Justice judgment in the Hampshire case. We’ve been working on how to implement it.

What are factors?

As with all defined benefit pension schemes, we use factors to calculate your PPF benefits to make sure we're paying you your correct pension, whether you want to retire before, after or on your retirement date, and whether or not you take a tax-free lump sum. 

Find out what you can do on our member website

Our member website puts you in the driving seat. It gives you the freedom to access and manage information about your benefits and make informed decisions, at a time that best suits you.

Make sure we have your address

Target Professional Services is the company we use to help us keep up to date with our members.

How to use our Quote and Retire tool

The Quote and Retire tool on our member website is the quickest way to receive your money from us and avoids paperwork.

Registering online for the first time

Registering for our member website is easy. Here’s what to expect.