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Pension Protection Fund appoints 11 firms to new Trustee and Support Services panel

By introducing the Trustee and Support Services panel, the PPF hopes to improve the pre and post insolvency experience for both members and trustees.

PPF 7800 Index shows decline in aggregate deficit figure for April

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.

PPF launches five-year Diversity & Inclusion strategy

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.

PPF announces appointment of Sara Protheroe to the Board

The Pension Protection Fund (PPF) has today announced the appointment of Sara Protheroe, Chief Customer Officer, to its Board with immediate effect.

Next group of members receiving increased payments

We’ve started to make increased payments to pensioners whose benefits fell below 50% of the value of their accrued benefits because of a combination of the compensation cap and other factors. We’re aiming to increase payments to the majority of pensioners in this group by the end of September 2020.

PPF will ‘go-live’ with Dun & Bradstreet insolvency risk scores in April

Respondents to the PPF’s recent levy consultation welcomed the introduction of the new services developed with Dun & Bradstreet with some small scale improvements

How FAS members can manage their benefits online

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. 

PPF publishes 2019 Gender Pay Gap report

As of 31 March 2019 our median gender pay gap stood at 13 per cent (17 per cent in 2018). The mean pay gap is 22.5 per cent (23.5 per cent in 2018); the median bonus gap is 30.5 per cent (unchanged from 2018) and the mean bonus gap is 66 per cent (59 per cent in 2018).

PPF announces firms appointed for new Framework Agreement

The announcement marks the conclusion of a three month procurement process during which applicants were asked to submit their bids.

PPF appoints Lisa McCrory as Chief Finance Officer

The Pension Protection Fund has announced that Lisa McCrory has been appointed as its new Chief Finance Officer (CFO). Lisa will now be responsible for leading the PPF’s actuarial financial management, finance, commercial and internal audit departments and will do this alongside her current role as Chief Actuary.