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Latest PPF news
Ostermann exits PPF as chief operating officer steps into CEO role
Richard Beaven, currently chief operating officer, has been appointed acting chief executive and has joined the PPF board as an executive director.
‘Landmark moment’ as PPF confirms zero levy for 2026-27
The vast majority of the almost 5,000 DB schemes eligible for PPF protection won’t pay a conventional levy next year – the second year in a row this has happened.
More Defined Benefit news
Small scheme insurance boom drives record number of buy-in deals in 2025
Legal & General dominated 2025’s pension insurance market in terms of new business volumes, but data from LCP shows that sub-£100m transactions are driving competition and “exceptional” pricing.
The Friday Takeaway: Preparing for parliamentary pension ping pong
Pensions Expert editor Nick Reeve wonders whether the Pension Schemes Bill’s Royal Assent is close or whether it might be subjected to some legislative ‘whiff-whaff’.
Appointments: LCP, TPT, Aptia, Hymans Robertson, L&G
The latest hires, promotions and appointments for the week ending 27 March 2026.
Bulk annuities latest: Rothesay reports on 2025; PIC parent to relocate to London
Plus: Just Group ties up a £32m full scheme buy-in with the Reebok UK Retirement Benefits Scheme, insuring the benefits of 452 members.
Virgin Media ruling: TPR says work can start now on remediation
Trustees do not need to wait for the Pension Schemes Bill to become law before instructing actuaries to begin work on section 37 remediation, the regulator has said.
Climate risks ‘still mispriced’ despite $1.3trn corporate exposure
A report developed by Marsh Risk and Impax Asset Management warns that physical climate risks are already affecting portfolios through asset damage, supply chain disruption, and impaired company performance.