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Latest PPF news
Appointments: PPF names chief actuary; GLIL adds to investment committee
The latest hires, promotions and appointments for the week ending 23 October 2026.
PPF confirms no conventional levy for third straight year
The lifeboat fund has confirmed a third year of no conventional levy, while also announcing adjustments to valuation methods and a pause on the alternative levy that will apply to superfunds.
DB schemes navigate volatility to finish Q3 with stronger funding position
The PPF 7800 index reported that the total surplus across the 4,838 funds it covers reached £280.7bn at the end of September, equivalent to a funding ratio of 135%.
Pension groups back PPF valuation changes but raise levy concerns
Proposed changes to PPF valuation assumptions have prompted calls for a wider rethink of s179 requirements and warnings over unintended consequences for levy calculations and Fast Track funding.
More Defined Benefit news
TPR to gain oversight of administrators as government brings in minimum standards
TPR is to get formal oversight of pension scheme administrators as part of the government’s plans to improve governance, according to documents published by the DWP this week.
Binance hack: A setback for crypto uptake among pension funds?
Last month’s colossal hack of the crypto trading platform Binance sent shockwaves around the financial world as the biggest single heist ever, by value. Does it change the arguments for and against crypto investing?
Bulk annuities latest: M&G insures chemical company scheme in ‘BPA Plus’ deal
Plus: Royal London, Legal & General and Utmost announce buy-ins, while Utmost is set to be rebranded as JAB Pensions following a takeover.
Employers seeking to offload schemes to free up board time, research shows
Two-thirds of UK DB pension schemes are now in surplus as of their most recent triennial valuation, prompting employers to reassess long-term endgame options.
TPR: Don’t wait to prepare for emerging regulations, trustees urged
Speaking at the Pensions Expert Annual Conference this week, TPR’s Richard Knox said the direction of policy was clear enough for pension schemes and trustee boards to begin preparing for major changes.
Gender pension gap narrows but third of women still face retirement poverty
Women’s projected retirement incomes have reached their highest level since 2023, but Scottish Widows has warned that many remain at risk of financial hardship in later life.