All Pension Protection Fund articles
-
News
Consolidator in waiting? Government taking its time to assess extension of PPF remit
The government will not legislate for a new consolidator for DB pension schemes in the upcoming Pension Schemes Bill, but is still exploring the potential for the Pension Protection Fund to take on the role in future.
-
News
Trustees to be given full discretion over DB scheme surplus release
Defined benefit pension schemes will be able to release surplus if they are overfunded on a low dependency basis, under proposals outlined by the government this week.
-
News
What the government’s WPC response means for PPF compensation
The Pension Protection Fund has been urged to use its substantial surplus to provide indexation to pre-1997 benefits.
-
Opinion
Financial distress: When a trustee’s role steps up a gear
What happens when a pension scheme’s sponsoring employer becomes financially distressed? There are many options and elements to consider – and it’s not all about the Pension Protection Fund, says Vidett’s Kevin Dolan.
-
News
Think tank calls for full PPF underpin to boost surplus release case
The Social Market Foundation has set out recommendations for the government to make releasing surplus assets from DB pension schemes more attractive and secure.
-
News
Industry calls for change to levy rules as PPF seeks to raise £100m
The government should rewrite rules around the Pension Protection Fund’s (PPF) levy to reduce unnecessary costs for defined benefit (DB) schemes, according to industry commentators.
-
Opinion
Will the PPF become a new endgame option?
Arc Pensions Law’s Sonya Fraser delves into the detail of the government’s plan for the PPF to become a consolidator of small pension schemes.
-
Opinion
PPF as consolidator poses unanswered questions
Acting as a consolidator would be a new direction for the PPF. What challenges need to be resolved for it to work?
-
News
PPF has made considerable progress towards net zero, shows climate change report
The Pension Protection Fund (PPF) has today published its third annual Climate Change report, that discloses the climate-related risks and opportunities within its investment strategies.
-
Opinion
Better communication can ease rush to transfer out of DB
Transfers from defined benefit pension schemes have proved attractive in recent years, but there are serious questions over their suitability for many. Trustees cannot afford to shy away from helping their members, and the Pension Protection Fund wants to help, says Sara Protheroe.
-
Opinion
Reducing your 2019-20 PPF levy
There are three main things trustees need to consider when it comes to re-execution of contingent assets, explains Giles Bywater, a pensions partner at law firm Mayer Brown.
-
Opinion
Scrap the cap? PPF rules challenged at CJEU
It will be interesting to see if the Pension Protection Fund compensation cap survives the impending Court of Justice of the European Union’s decision in the case of Grenville Hampshire v The Board of the Pension Protection Fund, writes Aries Insight’s Ian Neale.
-
Opinion
Final PPF levy deadlines ahead of autumn invoicing
Getting deficit reduction payments certified will be easier under the 2018-19 levy rules, says the Pension Protection Fund’s Chris Collins.
-
Opinion
The PPF’s funding strategy: Flight path to self-sufficiency
The Pension Protection Fund’s Hans den Boer says why the PPF cannot be complacent despite its healthy funding position.
-
Opinion
PPF: An investment strategy for the long term
From the hedging programme to infrastructure investments, the Pension Protection Fund’s Ian Scott explains how the lifeboat fund manages its assets.
-
Opinion
A PPF levy for schemes without a substantive sponsor
The PPF’s David Taylor explains the proposed new levy for schemes without a sponsor, and reveals that further stakeholder input will be sought.
-
Opinion
PPF: Act on levy rules now
The Pension Protection Fund’s David Taylor reveals what schemes can expect from the PPF’s levy determination at the end of March.
-
Opinion
Behind the scenes at the PPF
The Pension Protection Fund’s Sara Protheroe gives an insight into how the lifeboat fund and its members have fared since insourcing member services a year ago.
-
Opinion
The PPF’s funding strategy: A long-term view
More than a decade after our creation we remain confident of our financial position. In our last published annual report and accounts, we had £3.6bn in reserves, a 115.1 per cent funding ratio, more than £22bn of assets and responsibility for more than 220,000 members.
-
Opinion
PPF: Don’t delay GMP reconciliation
The GMP reconciliation deadline is looming, and where schemes fail to reconcile data, liabilities could increase unnecessarily. The Pension Protection Fund’s Chris Parrish says where schemes in PPF assessment can seek help.