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Next phase begins after ECJ ruling in Hampshire

We’ve previously announced that we’d started making increased payments to all pensioners who were most affected by the Court of Justice of the European Union’s (ECJ or CJEU) ruling, because they were subject to the PPF compensation cap (either the standard cap, or the long service cap), which on its own had reduced their benefits to less than 50% of those they had accrued.

PPF 7800 index – October 2019

This update provides the latest estimated funding position, on a section 179 (s179) basis, for the defined benefit pension schemes potentially eligible for entry to the Pension Protection Fund (PPF).

Help for members with tax questions

As your payments from the PPF/FAS are a taxable benefit, HMRC tells us which tax code to apply and this determines how much tax is deducted. 

Introducing our member Benefit Modeller

Are you a member who is not receiving compensation yet? Try our Benefit Modeller.

PPF announces levy estimate for 2020/21

In a new consultation on how levies will be calculated for 2020/21, which launches today, the PPF proposed an unchanged approach to the levy rules for 2020/21.

PPF announces three new Board appointments

PPF Chairman, Arnold Wagner said: “I’m delighted that Rodney, Nailesh and Anna are joining the PPF Board, bringing a broad range of highly relevant knowledge and experience. Our commitment to deliver the best outcomes for pension schemes, members, and levy payers in volatile times remains resolute. In this, the first year of our three year strategic plan, our goal is to set new standards for service, innovation and assurance while combining the best of the private and public sector.

PPF 7800 index – September 2019

This update provides the latest estimated funding position, on a section 179 (s179) basis, for the defined benefit pension schemes potentially eligible for entry to the Pension Protection Fund (PPF).

More member benefit increases after ECJ ruling

In April, we confirmed that we had started to pay increased benefits to PPF and FAS pensioners who were most affected by the Court of Justice of the European Union’s (ECJ’s) ruling because they had had their benefits adjusted by the Long Service Cap.

PPF 7800 index - August 2019

This update provides the latest estimated funding position, on a section 179 (s179) basis, for the defined benefit pension schemes potentially eligible for entry to the Pension Protection Fund (PPF).

PPF 7800 index – July 2019

Highlights