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PPF welcomes government signal on levy changes

The Pension Protection Fund (PPF) has today welcomed the announcement by the Department for Work and Pensions (DWP) that the government will consider giving the PPF more flexibility to reduce its levy, thus supporting DB schemes and their sponsoring employers to drive growth.  

We’ve finalised our levy plans for 2025/26

Today we’ve announced that our levy estimate for 2025/26 will be reduced and included a new provision in our rules to allow our Board to review its approach if sufficient progress can be made on the changes needed to give us greater flexibility on setting the levy.

Celebrating 20 years

For 20 years we’ve successfully protected millions of people’s hard-earned pensions, providing peace of mind and financial stability for our members. 

20th anniversary

Find out more about our key milestones and achievements over the last 20 years. 

Female representation in senior management roles increases

We’re proud to report an increase in the number of women in our senior management roles and to have achieved 48% female representation at senior management level.  

We’ve enhanced our bereavement process

We’ve made improvements to our bereavement process to give our members more peace of mind and reduce the burden on loved ones when a member passes away. 

PPF Board look to January for levy decision

Following positive engagement with stakeholders as part of their consultation on the 2025/26 levy rules the PPF will conclude its decision making in January.

We've provided further clarification on how we calculate scheme funding data

We've provided further clarification on the methodology we use to calculate scheme funding data in our 7800 index and Purple Book. 

The Purple Book shows stability in strong defined benefit pension scheme funding

The Pension Protection Fund (PPF) has today published the Purple Book 2024 which shows the strong net funding position of the universe of defined benefit (DB) pension schemes has remained largely stable over the past year. 

The Purple Book 2024

We’ve published the Purple Book 2024, the most comprehensive data and analysis of the UK defined benefit (DB) pension landscape.